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 $62.2 with an expected fluctuation of $7.54 from the mean.
United Continental Holdings (UAL) : 9 analysts are covering United Continental Holdings (UAL) and their average rating on the stock is 1.56, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. United Continental Holdings (UAL) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Imperial Capital initiates coverage on United Continental Holdings (NYSE:UAL) The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency announces the price target to $57 per share. The rating by the firm was issued on August 23, 2016.
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 $50.54 and $50.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.89, notching a gain of 0.95% for the day. The total traded volume was 4,012,808 . The stock had closed at $50.41 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.