United Continental Holdings (UAL) Given Consensus Rating of “Hold” by Brokerages

United Continental Holdings (NYSE:UAL) has received a consensus rating of “Hold” from the twenty-three research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $83.61.

Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of United Continental from a “buy” rating to a “hold” rating in a research note on Thursday. Morgan Stanley cut their target price on shares of United Continental from $80.00 to $77.00 and set a “hold” rating for the company in a research note on Thursday. Stephens set a $76.00 target price on shares of United Continental and gave the company a “hold” rating in a research note on Thursday, March 29th. Bank of America set a $83.00 target price on shares of United Continental and gave the company a “buy” rating in a research note on Tuesday, March 6th. Finally, ValuEngine upgraded shares of United Continental from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st.

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In other news, Director Edward Shapiro bought 25,000 shares of the stock in a transaction dated Thursday, March 15th. The shares were acquired at an average price of $70.65 per share, with a total value of $1,766,250.00. Following the acquisition, the director now owns 37,707 shares in the company, valued at $2,663,999.55. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Mutual of America Capital Management LLC grew its holdings in shares of United Continental by 2.5% in the 4th quarter. Mutual of America Capital Management LLC now owns 31,567 shares of the transportation company’s stock worth $2,128,000 after purchasing an additional 780 shares during the last quarter. M&T Bank Corp grew its holdings in shares of United Continental by 3.8% in the 4th quarter. M&T Bank Corp now owns 21,539 shares of the transportation company’s stock worth $1,453,000 after purchasing an additional 786 shares during the last quarter. Profund Advisors LLC grew its holdings in shares of United Continental by 14.3% in the 4th quarter. Profund Advisors LLC now owns 8,475 shares of the transportation company’s stock worth $571,000 after purchasing an additional 1,062 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of United Continental by 1.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 75,256 shares of the transportation company’s stock worth $5,072,000 after purchasing an additional 1,115 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in shares of United Continental by 8.7% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 15,267 shares of the transportation company’s stock worth $1,046,000 after purchasing an additional 1,218 shares during the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

NYSE:UAL traded up $1.55 during trading hours on Wednesday, hitting $68.09. 1,362,376 shares of the company traded hands, compared to its average volume of 4,570,517. The stock has a market cap of $18,943.97, a P/E ratio of 9.93 and a beta of 0.87. United Continental has a twelve month low of $56.51 and a twelve month high of $83.04. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.56 and a quick ratio of 0.49.

United Continental (NYSE:UAL) last released its earnings results on Tuesday, January 23rd. The transportation company reported $1.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.45. The firm had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $9.41 billion. United Continental had a net margin of 5.65% and a return on equity of 23.40%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.78 EPS. equities research analysts anticipate that United Continental will post 7.82 EPS for the current year.

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About United Continental

United Continental Holdings, Inc, together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline and regional operations. As of December 31, 2017, the company operated a fleet of 1,262 aircraft.

Analyst Recommendations for United Continental (NYSE:UAL)

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