United Continental Holdings Inc (NYSE:UAL) has earned a “B+” credit rating from Morningstar. The investment research firm’s “B+” rating indicates that the company is a high default risk. They also gave their stock a three star rating.

An institutional investor recently bought a new position in United Continental Holdings stock. J. Goldman & Company acquired a new stake in shares of United Continental Holdings Inc (NYSE:UAL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 122,000 shares of the company’s stock, valued at approximately $6,472,000.

Shares of United Continental Holdings (NYSE:UAL) opened at 46.11 on Friday. United Continental Holdings has a 1-year low of $42.17 and a 1-year high of $73.52. The stock has a market cap of $17.19 billion and a PE ratio of 2.37. The stock’s 50 day moving average is $53.23 and its 200-day moving average is $56.24.

United Continental Holdings (NYSE:UAL) last released its quarterly earnings data on Thursday, January 21st. The company reported $2.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.59 by $0.05. The business had revenue of $9.04 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the company earned $1.20 EPS. United Continental Holdings’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts predict that United Continental Holdings will post $9.07 EPS for the current fiscal year.

Other equities analysts have also issued reports about the stock. Credit Suisse lifted their price target on shares of United Continental Holdings from $85.00 to $88.00 in a report on Friday, October 23rd. Deutsche Bank lifted their price target on shares of United Continental Holdings from $72.00 to $74.00 in a report on Friday, October 9th. Sterne Agee CRT lifted their price target on shares of United Continental Holdings from $70.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, October 9th. Zacks Investment Research raised shares of United Continental Holdings from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a report on Wednesday, October 14th. Finally, Buckingham Research reaffirmed a “buy” rating and issued a $98.00 price target on shares of United Continental Holdings in a report on Saturday, October 24th. Three equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. United Continental Holdings presently has an average rating of “Buy” and an average price target of $76.99.

United Continental Holdings, Inc. (NYSE:UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. The Company, through United and its regional carriers, operates an average of 5,055 flights a day to 373 airports across six continents from the Company’s hubs at Newark Liberty International Airport, Chicago O’Hare International Airport, Denver International Airport, George Bush Intercontinental Airport, Los Angeles International Airport, A.B. Won Pat International Airport, San Francisco International Airport and Washington Dulles International Airport. It has contractual relationships with a range of regional carriers to provide regional jet and turboprop service branded as United Express.

12 Month Chart for NYSE:UAL

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