Morgan Stanley set a $68.00 target price on United Continental Holdings, Inc. (NYSE:UAL) in a report published on Friday morning. The firm currently has a hold rating on the transportation company’s stock.

Several other research analysts also recently weighed in on UAL. Bank of America Corporation lowered their price objective on shares of United Continental Holdings from $105.00 to $85.00 and set a buy rating on the stock in a report on Friday, June 30th. BidaskClub downgraded shares of United Continental Holdings from a hold rating to a sell rating in a report on Wednesday, July 5th. Cowen and Company upped their price objective on shares of United Continental Holdings from $75.00 to $82.00 and gave the stock a market perform rating in a report on Wednesday, July 12th. UBS AG upped their price objective on shares of United Continental Holdings from $103.00 to $109.00 and gave the stock a buy rating in a report on Wednesday, July 12th. Finally, Citigroup Inc. increased their target price on shares of United Continental Holdings from $78.00 to $85.00 and gave the company a neutral rating in a report on Thursday, July 13th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Hold and a consensus target price of $78.66.

Shares of United Continental Holdings (NYSE:UAL) opened at 59.10 on Friday. The firm has a market capitalization of $17.98 billion, a price-to-earnings ratio of 8.17 and a beta of 1.05. United Continental Holdings has a 52 week low of $52.21 and a 52 week high of $83.04. The firm has a 50-day moving average of $61.99 and a 200 day moving average of $70.33.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data 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. United Continental Holdings had a net margin of 5.22% and a return on equity of 25.49%. The firm had revenue of $9.88 billion for the quarter, compared to the consensus estimate of $9.87 billion. During the same quarter in the prior year, the company posted $3.11 earnings per share. The business’s revenue was down .4% on a year-over-year basis. On average, equities analysts predict that United Continental Holdings will post $6.31 earnings per share for the current fiscal year.

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In other United Continental Holdings news, Director Edward Shapiro bought 15,000 shares of the business’s stock in a transaction on Friday, September 15th. The stock was purchased at an average price of $59.87 per share, for a total transaction of $898,050.00. Following the completion of the transaction, the director now directly owns 27,707 shares of the company’s stock, valued at $1,658,818.09. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.27% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of UAL. Janus Henderson Group PLC boosted its position in United Continental Holdings by 30,735.3% during the second quarter. Janus Henderson Group PLC now owns 6,957,062 shares of the transportation company’s stock worth $523,519,000 after purchasing an additional 6,934,500 shares during the period. Assenagon Asset Management S.A. bought a new position in United Continental Holdings during the third quarter worth about $121,305,000. Boston Partners boosted its position in United Continental Holdings by 37.7% during the second quarter. Boston Partners now owns 4,840,050 shares of the transportation company’s stock worth $364,214,000 after purchasing an additional 1,324,894 shares during the period. Vanguard Group Inc. boosted its position in United Continental Holdings by 4.3% during the second quarter. Vanguard Group Inc. now owns 22,706,502 shares of the transportation company’s stock worth $1,708,664,000 after purchasing an additional 930,321 shares during the period. Finally, Diamond Hill Capital Management Inc. boosted its position in United Continental Holdings by 33.2% during the third quarter. Diamond Hill Capital Management Inc. now owns 2,637,733 shares of the transportation company’s stock worth $160,585,000 after purchasing an additional 656,990 shares during the period. Hedge funds and other institutional investors own 97.62% of the company’s stock.

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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