Shares of United Continental Holdings Inc (NYSE:UAL) have been given an average recommendation of “Buy” by the eighteen research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $99.47.

UAL has been the subject of several recent research reports. Buckingham Research boosted their target price on shares of United Continental from $101.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, October 17th. Citigroup upped their price target on shares of United Continental from $99.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Deutsche Bank upgraded shares of United Continental from a “hold” rating to a “buy” rating and upped their price target for the stock from $91.00 to $100.00 in a research report on Wednesday, October 17th. Zacks Investment Research upgraded shares of United Continental from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research report on Monday, October 1st. Finally, Bank of America upped their price target on shares of United Continental from $94.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, October 10th.

In related news, Director Edward Shapiro bought 30,000 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The stock was purchased at an average price of $92.57 per share, for a total transaction of $2,777,100.00. Following the completion of the transaction, the director now owns 152,707 shares in the company, valued at $14,136,086.99. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.32% of the stock is currently owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. First Hawaiian Bank raised its stake in shares of United Continental by 9,439.4% in the fourth quarter. First Hawaiian Bank now owns 6,296 shares of the transportation company’s stock valued at $528,000 after acquiring an additional 6,230 shares during the period. Cumberland Advisors Inc. purchased a new stake in shares of United Continental in the fourth quarter valued at $963,000. Moody National Bank Trust Division raised its stake in shares of United Continental by 3.9% in the fourth quarter. Moody National Bank Trust Division now owns 4,566 shares of the transportation company’s stock valued at $382,000 after acquiring an additional 172 shares during the period. Vanguard Group Inc raised its stake in shares of United Continental by 0.7% in the third quarter. Vanguard Group Inc now owns 20,044,520 shares of the transportation company’s stock valued at $1,785,164,000 after acquiring an additional 148,292 shares during the period. Finally, Federated Investors Inc. PA raised its stake in shares of United Continental by 250.0% in the third quarter. Federated Investors Inc. PA now owns 94,899 shares of the transportation company’s stock valued at $8,452,000 after acquiring an additional 67,787 shares during the period. 95.21% of the stock is currently owned by institutional investors.

UAL opened at $80.07 on Friday. United Continental has a twelve month low of $60.44 and a twelve month high of $97.85.

United Continental (NYSE:UAL) last announced its earnings results on Tuesday, October 16th. The transportation company reported $3.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.07 by ($0.01). The company had revenue of $11 billion for the quarter, compared to the consensus estimate of $10.95 billion. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $2.22 EPS.

United Continental Company Profile

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.

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Analyst Recommendations for United Continental (NYSE:UAL)

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