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JP Morgan downgraded United Continental Holdings Inc (NYSE:UAL) from Overweight to Neutral in a report released today.

JP Morgan has downgraded United Continental Holdings Inc (NYSE:UAL) from Overweight to Neutral in a report released on 9/15/2017.

Previously on Tuesday July 18, 2017, Imperial Capital reported about United Continental Holdings Inc (NYSE:UAL) raised the target price from $75.00 to $77.00. At the time, this indicated a possible downside of -0.03%.

Yesterday United Continental Holdings Inc (NYSE:UAL) traded -2.84% lower at $59.81. The company’s 50-day moving average is $64.37 and its 200-day moving average is $71.88. The last stock close price is down -17.21% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 2,684,234 shares of the stock were exchanged, down from an average trading volume of 4,252,450

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United Continental Holdings Inc (NYSE:UAL)

United Continental Holdings Inc has a 52 week low of $49.28 and a 52 week high of $83.04 with a P/E ratio of 8.22 The company’s market cap is currently $0.

In addition to JP Morgan reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $61.15 with 3 firms rating the stock a strong buy, 7 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About United Continental Holdings Inc (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 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. 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. These regional operations are an extension of the Company's mainline network.

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