Bernstein recorded United Continental (NYSE:UAL), raising its target price to $55.00 earlier today
- Updated: October 16, 2016
Boasting a price of $54.20, United Continental (NYSE:UAL) traded -0.91% lower on the day. With the last stock price close up 9.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. United Continental has recorded a 50-day average of $51.72 and a two hundred day average of $48.38. Volume of trade was up over the average, with 7,416,268 shares of UAL changing hands over the typical 4,541,460
Bernstein bumped up the target of United Continental (NYSE:UAL) to $55.00 stating a potential upside of 0.01%.
With a total market value of $0, United Continental has price-earnings ratio of 2.91 with a one year low of $37.41 and a one year high of $61.87 .
A total of 13 equity analysts have released a ratings update on UAL. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $61.15.
Brief Synopsis 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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