Analysts Set United Airlines Holdings, Inc. (NASDAQ:UAL) Target Price at $66.53

United Airlines Holdings, Inc. (NASDAQ:UAL) has been given an average rating of “Moderate Buy” by the thirteen research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $66.53.

A number of analysts have commented on UAL shares. Raymond James boosted their price target on shares of United Airlines from $66.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley lifted their price objective on shares of United Airlines from $75.00 to $80.00 and gave the stock an “overweight” rating in a research note on Thursday. UBS Group assumed coverage on shares of United Airlines in a research note on Wednesday, March 20th. They issued a “neutral” rating and a $47.00 price objective on the stock. Redburn Atlantic cut shares of United Airlines from a “buy” rating to a “neutral” rating and set a $50.00 price objective on the stock. in a research note on Tuesday, February 13th. Finally, Susquehanna lifted their price objective on shares of United Airlines from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday.

United Airlines Stock Down 0.1 %

UAL stock opened at $51.38 on Friday. United Airlines has a 52 week low of $33.68 and a 52 week high of $58.23. The company has a market capitalization of $16.89 billion, a price-to-earnings ratio of 6.35, a price-to-earnings-growth ratio of 0.52 and a beta of 1.55. The firm’s 50-day moving average is $44.47 and its two-hundred day moving average is $41.50. The company has a current ratio of 0.75, a quick ratio of 0.76 and a debt-to-equity ratio of 2.52.

United Airlines (NASDAQ:UAL) last released its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.39. United Airlines had a net margin of 4.90% and a return on equity of 39.85%. The company had revenue of $13.63 billion for the quarter, compared to the consensus estimate of $13.55 billion. During the same period in the previous year, the firm earned $2.46 EPS. United Airlines’s revenue was up 9.9% on a year-over-year basis. On average, analysts forecast that United Airlines will post 9.78 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in shares of United Airlines by 7.9% during the first quarter. PNC Financial Services Group Inc. now owns 22,619 shares of the transportation company’s stock worth $1,048,000 after purchasing an additional 1,663 shares during the period. Panagora Asset Management Inc. acquired a new stake in shares of United Airlines during the first quarter worth approximately $482,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of United Airlines by 6.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,326 shares of the transportation company’s stock worth $2,009,000 after purchasing an additional 2,683 shares during the period. Great West Life Assurance Co. Can boosted its holdings in shares of United Airlines by 2.0% during the first quarter. Great West Life Assurance Co. Can now owns 72,334 shares of the transportation company’s stock worth $3,503,000 after purchasing an additional 1,438 shares during the period. Finally, Vontobel Holding Ltd. boosted its holdings in shares of United Airlines by 81.9% during the first quarter. Vontobel Holding Ltd. now owns 14,960 shares of the transportation company’s stock worth $694,000 after purchasing an additional 6,737 shares during the period. 69.69% of the stock is owned by hedge funds and other institutional investors.

About United Airlines

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.