Analyst Rating Update on United Continental Holdings (UAL)

United Continental Holdings (UAL) : Zacks Investment Research ranks United Continental Holdings (UAL) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 1.8, which indicates as a Buy.

United Continental Holdings (UAL) : Currently there are 10 street experts covering United Continental Holdings (UAL) stock. The most bullish and bearish price target for the stock is $78 and $52 respectively for the short term. The average price target of all the analysts comes to $61.25. The estimated standard deviation from the target is $8.05.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, JP Morgan, maintains their rating on the shares of United Continental Holdings (NYSE:UAL). JP Morgan has a Overweight rating on the shares. As per the latest research report, the brokerage house lowers the price target to $61.5 per share from a prior target of $72. The rating by the firm was issued on July 27, 2016.


United Continental Holdings (NYSE:UAL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.28 and $44.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.90, notching a gain of 1.13% for the day. The total traded volume was 4,616,014 . The stock had closed at $44.40 on the previous day.

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.

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