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United Continental on the Street: Analyst Recommendations

Ally Schmidt - Author

Nov. 20 2020, Updated 10:57 a.m. ET

Analyst ratings

As of June 9, 2017, four of the analysts (25%) tracking United Continental (UAL) had a “strong buy” recommendation on the stock, while five (31.3%) had a “buy” recommendation, and seven (43.8%) had a “hold” rating. None of the analysts had a “sell” rating on the stock.

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Analyst upgrades

None of the analysts have made changes to their recommendations after UAL’s May traffic release. However, there were some upgrades just prior to the release. Research house UBS raised its target price from $95 to $103, and Raymond James raised its target price from $87 to $100 earlier the same day.

Earlier that month, Bernstein cut its target price from $79 to $75. At the start of May, Morgan Stanley also downgraded the stock from an “overweight” rating to an “equal weight” rating.

Target price

United Continental (UAL) has a 12-month consensus target price of $87.69, which is higher than the $83.3 target price the stock had after its 1Q17 earnings report. The highest target price is now $125, and the lowest target price is $75. At the current target price, the stock has a return potential of 8.9%.

Remember, investors can gain exposure to United Continental by investing in the PowerShares Dynamic Market Portfolio (PWC), which has 2.5% of its portfolio in UAL.

In the meantime, Market Realist will be covering traffic updates from other airlines, including American Airlines (AAL), JetBlue Airways (JBLU), and Spirit Airlines (SAVE), so keep checking in with our Airlines page.


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