United Airlines (NASDAQ:UAL) Price Target Raised to $67.00

United Airlines (NASDAQ:UAL) had its price objective raised by UBS Group from $59.00 to $67.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the transportation company’s stock.

A number of other equities research analysts have also weighed in on UAL. Morgan Stanley boosted their target price on shares of United Airlines from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Jefferies Financial Group lowered their price objective on shares of United Airlines from $154.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, April 1st. Evercore ISI dropped their price objective on shares of United Airlines from $145.00 to $100.00 and set an “outperform” rating on the stock in a report on Friday, April 11th. Raymond James cut shares of United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 2nd. Finally, TD Cowen upped their price objective on United Airlines from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.95.

United Airlines Trading Down 1.0 %

Shares of United Airlines stock opened at $66.30 on Thursday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99. The stock has a fifty day simple moving average of $79.13 and a 200 day simple moving average of $87.54. United Airlines has a 12-month low of $37.02 and a 12-month high of $116.00. The company has a market capitalization of $21.73 billion, a P/E ratio of 7.03, a price-to-earnings-growth ratio of 0.67 and a beta of 1.19.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, April 15th. The transportation company reported $0.91 EPS for the quarter, beating 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 company had revenue of $13.21 billion for the quarter, compared to analysts’ expectations of $13.47 billion. On average, sell-side analysts anticipate that United Airlines will post 12.96 earnings per share for the current fiscal year.

Institutional Trading of United Airlines

A number of institutional investors and hedge funds have recently modified their holdings of UAL. Sanders Capital LLC boosted its holdings 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 valued at $1,344,671,000 after acquiring an additional 4,390,721 shares in the last quarter. Boston Partners bought a new stake in shares of United Airlines during the 4th quarter worth $323,508,000. FMR LLC grew its holdings in shares of United Airlines by 70.9% in the 4th quarter. FMR LLC now owns 7,268,775 shares of the transportation company’s stock worth $705,798,000 after acquiring an additional 3,015,979 shares during the last quarter. Senator Investment Group LP lifted its holdings in shares of United Airlines by 214.8% during the fourth quarter. Senator Investment Group LP now owns 3,261,051 shares of the transportation company’s stock valued at $316,648,000 after purchasing an additional 2,225,000 shares during the last quarter. Finally, Capital World Investors increased its stake in United Airlines by 22.4% in the 4th quarter. Capital World Investors now owns 9,788,405 shares of the transportation company’s stock worth $950,461,000 after purchasing an additional 1,791,654 shares in the last quarter. 69.69% of the stock is owned by institutional investors and hedge funds.

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.