Brokerage Firm Rating Update on United Continental Holdings (UAL)

United Continental Holdings (UAL) : Zacks Investment Research ranks United Continental Holdings (UAL) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.56, which indicates as a Buy.

United Continental Holdings (UAL) : 10 investment research analysts covering United Continental Holdings (UAL) have an average price target of $62.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $78 and the lowest target is $52 for the short term. Analysts expect the variance to be within $7.54 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, Raymond James upgrades its view on United Continental Holdings (NYSE:UAL) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Earlier, the shares had a rating of Market Perform. The rating by the firm was issued on August 30, 2016.

United Continental Holdings (NYSE:UAL): The stock opened at $51.62 and touched an intraday high of $54.53 on Wednesday. During the day, the stock corrected to an intraday low of $51.62, however, the bulls stepped in and pushed the price higher to close in the green at $53.68 with a gain of 4.97% for the day. The total traded volume for the day was 7,211,559. The stock had closed at $51.14 in the previous trading session.

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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