Credit Suisse Maintains United Continental Holdings Inc to Outperform with Price Target $69.00

Brokerage firm Credit Suisse Maintains its rating on United Continental Holdings Inc(NYSE:UAL). In a research note issued to the investors, the brokerage major Lowers the price-target to $69.00 per share. The shares have been rated Outperform. The rating by Credit Suisse was issued on Apr 12, 2016.

In a different note, On Apr 1, 2016, Deutsche Bank said it Downgrades its rating on United Continental Holdings Inc. The shares have been rated ‘Hold’ by the firm. Stephens & Co. said it Initiates Coverage on United Continental Holdings Inc, according to a research note issued on Mar 29, 2016. The shares have been rated ‘Equal-weight’ by the firm. On Mar 24, 2016, Raymond James said it Downgrades its rating on United Continental Holdings Inc. The shares have been rated ‘Market Perform’ by the firm. On Feb 4, 2016, JP Morgan said it Maintains its rating on United Continental Holdings Inc. In the research note, the firm Lowers the price-target to $77.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jan 22, 2016, Credit Suisse said it Maintains its rating on United Continental Holdings Inc. According to the research note, Credit Suisse Lowers the price target to $80 per share from a prior target of $84. The shares have been rated ‘Outperform’ by the firm. On Jan 22, 2016, Deutsche Bank said it Maintains its rating on United Continental Holdings Inc. According to the research note, Deutsche Bank Lowers the price target to $11.9 per share from a prior target of $12. The shares have been rated ‘Buy’ by the firm.

United Continental Holdings Inc (UAL) made into the market gainers list on Fridays trading session with the shares advancing 0.30% or 0.17 points. Due to strong positive momentum, the stock ended at $56.9, which is also near the day’s high of $57.11. The stock began the session at $56.97 and the volume stood at 28,47,903 shares. The 52-week high of the shares is $64.95 and the 52 week low is $42.17. The company has a current market capitalization of $20,455 M and it has 35,94,84,810 shares in outstanding.

United Continental Holdings Inc(UAL) last announced its earnings results on Jan 21, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $9.04B. Analysts had an estimated revenue of $9.11B. Earnings per share were $2.54. Analysts had estimated an EPS of $2.62.

Several Insider Transactions has been reported to the SEC. On Mar 14, 2016, James A C Kennedy (director) purchased 900 shares at $57.55 per share price.Also, On Feb 4, 2015, Irene E Foxhall (Exec VP Comm & Gov Affairs) sold 3,987 shares at $68.37 per share price.On Jan 23, 2015, Michael P Bonds (EVP HR and Labor Relations) sold 6,504 shares at $71.20 per share price, according to the Form-4 filing with the securities and exchange commission.

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 5055 flights a day to 373 airports across six continents from the Company’s hubs at Newark Liberty International Airport Chicago O’Hare 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.

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