A statement released earlier today by Imperial Capital about United Continental (NYSE:UAL) bumps the target price to $63.00
- Updated: October 11, 2016
Yesterday United Continental (NYSE:UAL) traded -1.25% lower at $53.52. The company’s 50-day moving average is $51.23 and its 200-day moving average is $48.34. The last stock close price is up 10.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 5,937,679 shares of the stock were exchanged, up from an average trading volume of 4,574,610
United Continental (NYSE:UAL) had its target price raised to $63.00 by Imperial Capital in a report released Wednesday October 12, 2016. The new target price indicates a possible upside of 0.18% based on the company's last stock close price.
Previously on 10/11/2016, Bernstein reported about United Continental (NYSE:UAL) raised the target price from $0.00 to $55.00. At the time, this indicated a possible upside of 0.01%.
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With a total market value of $0, United Continental has price-earnings ratio of 2.92 with a one year low of $37.41 and a one year high of $61.87 .
A total of 13 analysts have released a research note on United Continental. Three analysts rating the company a strong buy, seven analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $61.15.
More About United Continental (NYSE:UAL)
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. Won Pat International Airport (Guam), San Francisco International Airport (SFO) and Washington Dulles International Airport (Washington Dulles). It has contractual relationships with regional carriers to provide regional jet and turboprop service branded as United Express.
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