United Continental Holdings (UAL) has an average broker rating of 1.8, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
United Continental Holdings (UAL) : The most positive equity analysts on United Continental Holdings (UAL) expects the shares to touch $78, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $61.25 with an expected fluctuation of $8.05 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. United Continental Holdings (NYSE:UAL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.00 and $46.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.27, notching a gain of 0.32% for the day. The total traded volume was 4,018,950 . The stock had closed at $47.12 on the previous day.
In a related news, Jojo Linda P, officer (EVP and CIO) of United Continental Holdings, Inc. had purchased 2,500 shares on April 28, 2016 in a transaction. The price per share was $48.77 and the total amount of the disclosed transaction was $121,925.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
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.