United Continental Holdings (UAL) Receives ‘Analyst’ Rating

United Continental Holdings (UAL) : 6 brokerage houses believe that United Continental Holdings (UAL) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on United Continental Holdings (UAL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.56.

United Continental Holdings (UAL) : The consensus price target for United Continental Holdings (UAL) is $62.2 for the short term with a standard deviation of $7.54. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $78, however, the pessimist price target for the company is $52.


Also, Equity Analysts at the Raymond James upgrades the rating on United Continental Holdings (NYSE:UAL). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Market Perform. The rating by the firm was issued on August 30, 2016.

United Continental Holdings (NYSE:UAL): After opening at $50.99, the stock dipped to an intraday low of $50.37 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.955 and the buying power remained strong till the end. The stock closed at $51.71 for the day, a gain of 1.39% for the day session. The total traded volume was 4,726,469. The stocks close on the previous trading day was $51.

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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