United Continental Holdings, Inc. (NYSE:UAL) had its price target reduced by equities researchers at Imperial Capital from $63.00 to $57.00 in a report issued on Friday. The brokerage presently has an “in-line” rating on the transportation company’s stock. Imperial Capital’s price objective points to a potential downside of 4.65% from the stock’s previous close. Imperial Capital also issued estimates for United Continental Holdings’ Q3 2017 earnings at $2.13 EPS, Q4 2017 earnings at $1.23 EPS, FY2017 earnings at $6.50 EPS, Q1 2018 earnings at $0.20 EPS, Q2 2018 earnings at $0.60 EPS, Q3 2018 earnings at $2.72 EPS, Q4 2018 earnings at $1.47 EPS, FY2018 earnings at $6.95 EPS and FY2019 earnings at $0.80 EPS.

A number of other research analysts have also recently weighed in on UAL. Bank of America Corporation lowered their target price 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. BidaskClub cut shares of United Continental Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Cowen and Company lifted their target price on shares of United Continental Holdings from $75.00 to $82.00 and gave the company a “market perform” rating in a research note on Wednesday, July 12th. UBS AG lifted their target price on shares of United Continental Holdings from $103.00 to $109.00 and gave the company a “buy” rating in a research note on Wednesday, July 12th. Finally, Citigroup Inc. lifted their target price on shares of United Continental Holdings from $78.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, July 13th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $79.43.

United Continental Holdings (NYSE:UAL) opened at 59.78 on Friday. The company has a market cap of $18.19 billion, a PE ratio of 8.26 and a beta of 1.05. The stock has a 50 day moving average of $62.15 and a 200 day moving average of $70.49. United Continental Holdings has a 12-month low of $52.21 and a 12-month high of $83.04.

United Continental Holdings (NYSE:UAL) last issued its quarterly earnings results on Wednesday, October 18th. The transportation company reported $2.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.12 by $0.10. The business had revenue of $9.88 billion for the quarter, compared to analysts’ expectations of $9.87 billion. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.49%. During the same quarter last year, the company posted $3.11 EPS. The company’s revenue was down .4% compared to the same quarter last year. Equities analysts expect that United Continental Holdings will post $6.45 earnings per share for the current year.

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In other United Continental Holdings news, Director Edward Shapiro bought 15,000 shares of United Continental Holdings stock in a transaction dated Friday, September 15th. The shares were purchased at an average cost of $59.87 per share, for a total transaction of $898,050.00. Following the acquisition, the director now directly owns 27,707 shares in the company, valued at approximately $1,658,818.09. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.27% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Sentry Investment Management LLC increased its holdings in shares of United Continental Holdings by 1.5% in the 2nd quarter. Sentry Investment Management LLC now owns 73,143 shares of the transportation company’s stock worth $5,504,000 after buying an additional 1,085 shares during the last quarter. Toronto Dominion Bank grew its holdings in United Continental Holdings by 24.0% during the 2nd quarter. Toronto Dominion Bank now owns 92,962 shares of the transportation company’s stock valued at $6,994,000 after purchasing an additional 17,967 shares during the last quarter. U S Global Investors Inc. grew its holdings in United Continental Holdings by 65.2% during the 2nd quarter. U S Global Investors Inc. now owns 189,637 shares of the transportation company’s stock valued at $12,835,000 after purchasing an additional 74,823 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in United Continental Holdings during the 2nd quarter valued at about $1,293,000. Finally, Verition Fund Management LLC grew its holdings in United Continental Holdings by 5.7% during the 2nd quarter. Verition Fund Management LLC now owns 26,424 shares of the transportation company’s stock valued at $1,988,000 after purchasing an additional 1,424 shares during the last quarter. Hedge funds and other institutional investors own 97.62% of the company’s stock.

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 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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