United Continental Holdings Inc. (NYSE:UAL)‘s stock had its “hold” rating restated by equities research analysts at Standpoint Research in a report released on Thursday.

A number of other brokerages also recently weighed in on UAL. Morgan Stanley reaffirmed a “buy” rating and set a $57.00 price objective on shares of United Continental Holdings in a research report on Sunday, August 21st. Vetr raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $49.50 target price for the company in a research note on Tuesday, August 23rd. Stifel Nicolaus reduced their target price on shares of United Continental Holdings from $70.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, October 24th. Credit Suisse Group AG set a $47.00 target price on shares of United Continental Holdings and gave the company a “hold” rating in a research note on Friday, October 7th. Finally, Bank of America Corp. reissued a “hold” rating and set a $52.00 target price on shares of United Continental Holdings in a research note on Wednesday, July 20th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $62.87.

Analyst Recommendations for United Continental Holdings (NYSE:UAL)

Shares of United Continental Holdings (NYSE:UAL) traded up 1.95% during midday trading on Thursday, hitting $61.30. 772,949 shares of the stock traded hands. The stock has a market cap of $19.45 billion, a price-to-earnings ratio of 7.82 and a beta of 0.63. United Continental Holdings has a one year low of $37.41 and a one year high of $61.60. The firm has a 50-day moving average price of $54.12 and a 200 day moving average price of $48.33.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings results on Monday, October 17th. The company reported $3.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.88 by $0.23. The firm had revenue of $9.91 billion for the quarter, compared to the consensus estimate of $9.89 billion. United Continental Holdings had a net margin of 7.36% and a return on equity of 39.10%. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.53 EPS. Analysts anticipate that United Continental Holdings will post $7.99 earnings per share for the current year.

In related news, CFO Andrew C. Levy purchased 15,000 shares of United Continental Holdings stock in a transaction on Friday, September 2nd. The stock was purchased at an average cost of $50.96 per share, with a total value of $764,400.00. Following the acquisition, the chief financial officer now directly owns 20,791 shares in the company, valued at $1,059,509.36. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 0.39% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the stock. Bank of Nova Scotia increased its stake in shares of United Continental Holdings by 0.3% in the second quarter. Bank of Nova Scotia now owns 7,000 shares of the company’s stock worth $287,000 after buying an additional 20 shares during the period. I.G. Investment Management LTD. boosted its position in shares of United Continental Holdings by 1.2% in the second quarter. I.G. Investment Management LTD. now owns 8,300 shares of the company’s stock worth $341,000 after buying an additional 100 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of United Continental Holdings by 2.1% in the second quarter. Pacer Advisors Inc. now owns 6,372 shares of the company’s stock worth $262,000 after buying an additional 134 shares in the last quarter. Glenmede Trust Co. NA boosted its position in shares of United Continental Holdings by 0.4% in the second quarter. Glenmede Trust Co. NA now owns 36,176 shares of the company’s stock worth $1,484,000 after buying an additional 136 shares in the last quarter. Finally, Conning Inc. boosted its position in shares of United Continental Holdings by 2.0% in the second quarter. Conning Inc. now owns 7,610 shares of the company’s stock worth $312,000 after buying an additional 150 shares in the last quarter. 94.35% of the stock is owned by hedge funds and other institutional investors.

United Continental Holdings Company Profile

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 an average of approximately 5,000 flights a day to over 340 airports across six continents 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.

5 Day Chart for NYSE:UAL

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