United Continental Holdings (UAL) : Average target price received by United Continental Holdings (UAL) is $60.11 with an expected standard deviation of $9.33. The most aggressive target on the stock is $78, whereas the most downbeat target is $50. 9 financial analysts are currently covering the stock.
United Continental Holdings (UAL) has seen a shortfall of 871,349 shares or 5.8% in the short interest. The remaining shorts are 4.2% of the total floated shares. The net short interest, as on June 30,2016, stood at 14,215,927 shares and the stocks days to cover will be 2 by factoring in the average per day volume of 7,659,848 shares. On June 15,2016, 15,087,276 shares were shorted. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Equity Analysts at the Credit Suisse downgrades the rating on United Continental Holdings (NYSE:UAL). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Outperform. The Analysts at the ratings agency lowers the price target from $64 per share to $42 per share. The rating by the firm was issued on July 6, 2016.
United Continental Holdings (NYSE:UAL): stock turned positive on Thursday. Though the stock opened at $46.73, the bulls momentum made the stock top out at $47.9417 level for the day. The stock recorded a low of $46.42 and closed the trading day at $47.85, in the green by 4.34%. The total traded volume for the day was 7,702,514. The stock had closed at $45.86 in the previous days trading.
United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Companys hubs at Newark Liberty International Airport, Chicago OHare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.