What Wall Street Analysts Recommend for United Continental



Analyst recommendations

According to the Reuters consensus, 17 analysts are tracking United Continental (UAL) stock. Out of these, 23.5% have a “strong buy” recommendation, and 35.3% have a “buy” recommendation. The remaining 41.2% have a “hold” rating on the stock. None of the analysts recommended a “sell.”

Raymond James raised its target price from $87 to $100 just before the May traffic numbers were released. UBS also raised its target price from $95 to $103. In late June, Atlantic Equities started its coverage on the stock with an “overweight” rating.

In early June, Bernstein cut its target price from $79 to $75. In early May, Morgan Stanley also downgraded the stock from “overweight” to “equal weight.”

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Target price

As a result of analyst target cuts, the stock’s consensus 12-month target price has fallen to $90.7 as compared to $85.6 at the end of 1Q17. The current target price indicates a 20.8% return potential as of the July 5 closing price of $75.1. United Continental has the highest target price of $125, while the lowest target price is $75.

Series overview

United Continental (UAL) is expected to announce its 2Q17 earnings on July 18, 2017. In the following series, we’ll look at what investors can expect for the second quarter. We’ll also discuss expectations for 2017 and the key indicators that investors should look out for.

For Delta Airlines’ (DAL) pre-earnings analysis, read, What Can Investors Expect from Delta Air Lines in 2Q17. We’ll also publish pre-earnings analyses for other carriers like Alaska Air (ALK), American Airlines (AAL), JetBlue (JBLU), and Southwest Airlines (LUV).

Investors can gain exposure to United Continental stock by investing in the PowerShares Dynamic Market Portfolio (PWC), which invests 2.3% of its portfolio in UAL.


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