United Continental Holdings, Inc. (NYSE:UAL) had its price objective lifted by Cowen and Company from $75.00 to $82.00 in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have a market perform rating on the transportation company’s stock.

Several other analysts have also recently commented on UAL. UBS AG reissued a buy rating and set a $103.00 price target (up from $95.00) on shares of United Continental Holdings in a research note on Friday, June 9th. BidaskClub raised shares of United Continental Holdings from a sell rating to a hold rating in a research note on Wednesday, July 12th. Bank of America Corporation decreased their price target on shares of United Continental Holdings from $105.00 to $85.00 and set a buy rating on the stock in a research note on Friday, June 30th. Atlantic Securities assumed coverage on shares of United Continental Holdings in a research note on Tuesday, June 20th. They set an overweight rating and a $100.00 price target on the stock. Finally, Zacks Investment Research cut shares of United Continental Holdings from a buy rating to a hold rating in a research note on Tuesday, March 14th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $82.94.

United Continental Holdings (UAL) opened at 79.78 on Wednesday. The stock’s 50 day moving average price is $78.46 and its 200 day moving average price is $73.92. The firm has a market capitalization of $24.70 billion, a P/E ratio of 12.48 and a beta of 1.04. United Continental Holdings has a 12 month low of $44.15 and a 12 month high of $83.04.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings results on Monday, April 17th. The transportation company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.04. United Continental Holdings had a net margin of 5.56% and a return on equity of 30.61%. The business had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.38 billion. During the same period in the prior year, the firm earned $1.23 earnings per share. United Continental Holdings’s revenue was up 2.7% compared to the same quarter last year. On average, analysts forecast that United Continental Holdings will post $7.88 earnings per share for the current year.

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In other news, Director Edward Shapiro purchased 10,000 shares of United Continental Holdings stock in a transaction dated Thursday, April 27th. The shares were bought at an average cost of $69.35 per share, with a total value of $693,500.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $693,500. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Michael P. Bonds sold 9,971 shares of United Continental Holdings stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $78.86, for a total transaction of $786,313.06. Following the transaction, the executive vice president now directly owns 8,716 shares in the company, valued at $687,343.76. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of United Continental Holdings by 4,642.3% in the first quarter. BlackRock Inc. now owns 22,075,033 shares of the transportation company’s stock worth $1,559,382,000 after buying an additional 21,609,536 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of United Continental Holdings by 0.6% in the first quarter. Vanguard Group Inc. now owns 21,776,181 shares of the transportation company’s stock worth $1,538,270,000 after buying an additional 138,457 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of United Continental Holdings by 1.6% in the first quarter. AQR Capital Management LLC now owns 6,889,017 shares of the transportation company’s stock worth $486,640,000 after buying an additional 110,314 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of United Continental Holdings by 2.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,250,245 shares of the transportation company’s stock worth $229,593,000 after buying an additional 73,832 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of United Continental Holdings by 7.3% in the first quarter. Geode Capital Management LLC now owns 3,095,346 shares of the transportation company’s stock worth $218,416,000 after buying an additional 210,502 shares in the last quarter. 96.66% of the stock is currently owned by institutional investors.

About United Continental Holdings

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United). The Company transports people and cargo through its mainline 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 flights from its hubs at Newark Liberty International Airport (Newark Liberty), Chicago O’Hare International Airport (Chicago O’Hare), Denver International Airport (Denver), George Bush Intercontinental Airport (Houston Bush), Los Angeles International Airport (LAX), A.B.

Analyst Recommendations for United Continental Holdings (NYSE:UAL)

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