Analysts Set United Airlines Holdings, Inc. (NASDAQ:UAL) Price Target at $96.60

United Airlines Holdings, Inc. (NASDAQ:UAL - Get Free Report) has been assigned a consensus rating of "Buy" from the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $96.60.

Several research analysts have issued reports on the company. Jefferies Financial Group cut their price target on United Airlines from $154.00 to $80.00 and set a "buy" rating on the stock in a report on Tuesday, April 1st. Cantor Fitzgerald set a $88.00 target price on United Airlines in a report on Tuesday, April 22nd. Barclays decreased their price target on shares of United Airlines from $140.00 to $94.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. JPMorgan Chase & Co. raised their price objective on shares of United Airlines from $108.00 to $133.00 and gave the company an "overweight" rating in a research note on Thursday, January 9th. Finally, Raymond James cut shares of United Airlines from an "outperform" rating to a "market perform" rating in a report on Wednesday, April 2nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in United Airlines by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 36,547,863 shares of the transportation company's stock valued at $3,548,797,000 after purchasing an additional 369,500 shares during the period. Capital International Investors increased its holdings in United Airlines by 6.3% in the 4th quarter. Capital International Investors now owns 21,261,443 shares of the transportation company's stock worth $2,064,825,000 after acquiring an additional 1,257,443 shares during the last quarter. Sanders Capital LLC increased its stake in shares of United Airlines by 46.4% in the fourth quarter. Sanders Capital LLC now owns 13,848,308 shares of the transportation company's stock worth $1,344,671,000 after purchasing an additional 4,390,721 shares in the last quarter. Capital World Investors lifted its stake in shares of United Airlines by 22.4% during the 4th quarter. Capital World Investors now owns 9,788,405 shares of the transportation company's stock valued at $950,461,000 after buying an additional 1,791,654 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in United Airlines by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 8,554,755 shares of the transportation company's stock valued at $840,533,000 after buying an additional 243,535 shares in the last quarter. 69.69% of the stock is owned by institutional investors.

United Airlines Trading Down 0.2 %

Shares of United Airlines stock traded down $0.11 on Tuesday, reaching $68.82. 5,914,624 shares of the company's stock were exchanged, compared to its average volume of 7,524,670. The firm's 50-day moving average is $74.12 and its two-hundred day moving average is $87.96. The company has a market capitalization of $22.48 billion, a P/E ratio of 7.30, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.74 and a current ratio of 0.81. United Airlines has a 52 week low of $37.02 and a 52 week high of $116.00.

United Airlines (NASDAQ:UAL - Get Free Report) last posted its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.16. United Airlines had a net margin of 5.52% and a return on equity of 32.26%. The business had revenue of $13.21 billion during the quarter, compared to analysts' expectations of $13.47 billion. Sell-side analysts predict that United Airlines will post 12.96 EPS for the current fiscal year.

United Airlines Company Profile

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.