United Continental Holdings (UAL) : 11 analysts are covering United Continental Holdings (UAL) and their average rating on the stock is 1.91, 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. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
United Continental Holdings (UAL) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $79 and the lowest price target forecast is $52. The average forecast of all the analysts is $64 and the expected standard deviation is $9.83.
United Continental Holdings (NYSE:UAL): The stock opened at $39.14 on Wednesday but the bulls could not build on the opening and the stock topped out at $39.41 for the day. The stock traded down to $37.64 during the day, due to lack of any buying support eventually closed down at $39.31 with a loss of -2.43% for the day. The stock had closed at $40.29 on the previous day. The total traded volume was 8,217,758 shares.
Also, In a research note released to the investors, Morgan Stanley maintains its rating on United Continental Holdings (NYSE:UAL).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Morgan Stanley lowers the new price target from $67 per share to $58 per share. The rating by the firm was issued on April 28, 2016. The company shares have dropped -23.72% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $62.21 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $43.66 and the 200 Day Moving Average price is recorded at $50.49.
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.