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United Continental (NYSE:UAL) target price raised to $65.00, reported today by Imperial Capital

Yesterday United Continental (NYSE:UAL) traded 1.23% higher at $53.68. The company’s 50-day moving average is $52.09 and its 200-day moving average is $48.15. The last stock close price is up 11.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 11,297,321 shares of the stock were exchanged, up from an average trading volume of 4,677,120

United Continental (NYSE:UAL) had its target price raised to $65.00 by Imperial Capital in a report released 10/19/2016. The new target price indicates a possible upside of 0.21% based on the company's last stock close price.

Previously on Wednesday October 12, 2016, Imperial Capital reported about United Continental (NYSE:UAL) raised the target price from $57.00 to $63.00. At the time, this indicated a possible upside of 0.18%.

See Chart Below

United Continental (NYSE:UAL)

United Continental has a 52 week low of $37.41 and a 52 week high of $61.87 with a P/E ratio of 2.93 United Continental’s market capitalization is currently $0.

In addition to Imperial Capital reporting its stock price target, a total of 13 brokerages have issued a research note on the company. The average stock price target is $61.15 with 3 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

General Company Details For 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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