Economy

JP Morgan Downgrades Rating Raises Price Target On United Continental Holdings (UAL)

After having $2.75 EPS previously, United Continental Holdings Inc's analysts see -33.82% EPS growth. The stock of United Continental Holdings Inc (NYSE:UAL) earned "Buy" rating by Bank of America on Tuesday, December 6.

United Continental Holdings, Inc.

Balasa Dinverno & Foltz Llc decreased United Continental Holdings (UAL) stake by 26.53% reported in 2016Q4 SEC filing. Oppenheimer Asset Management Inc. purchased a new position in United Continental Holdings in the 1st quarter valued at approximately $122,000. Cowen & Co has "Outperform" rating and $77 target. UBS AG reissued a "buy" rating and issued a $103.00 price objective (up from $95.00) on shares of United Continental Holdings in a research report on Friday, June 9th. The stock of United Continental Holdings Inc (NYSE:UAL) earned "Market Perform" rating by Raymond James on Thursday, March 24. As per Thursday, September 7, the company rating was maintained by Cowen & Co. IFP Advisors Inc grew its holdings in United Continental Holdings by 15.6% during the first quarter. Evercore has "In-Line" rating and $75 target.

Celanese Corporation is a technology and specialty materials company. For UAL, the company now has $2.37 Billion of cash on the books, which is offset by $1.55 Billion current liabilities. The Company's divisions include Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, Acetyl Intermediates and Other Activities. It has a 7.86 P/E ratio. The Advanced Engineered Materials segment includes the Company's engineered materials business and certain affiliates. The company's stock had a trading volume of 3,182,728 shares. I Minerals Inc (OTCMKTS:IMAHF) has 0.00% since September 15, 2016 and is. It has outperformed by 60.49% the S&P500.The move comes after 8 months negative chart setup for the $18.09B company.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on October, 16.

United Continental Holdings, Inc. most recently reported earnings per share (EPS) of $2.75 for the June 2017 versus $2.61 in the same quarter previous year, representing 5% growth. UAL's profit will be $553.56 million for 8.21 P/E if the $1.82 EPS becomes a reality. The transportation company reported $2.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.31 by $0.44.

Ratings analysis reveals 100% of Verint Systems's analysts are positive. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $61.15. The lowest target is $43.0 while the high is $44.0. Can now owns 90,488 shares of the transportation company's stock valued at $6,386,000 after purchasing an additional 3,701 shares during the last quarter.

On a similar note, analysts expect EPS of $1.82 in September 2017 quarter and $1.46 in December 2017 quarter, representing -41.48% and -17.98% growth, respectively. The firm has "Outperform" rating given on Friday, February 17 by Robert W. Baird. JP Morgan maintained the stock with "Overweight" rating in Thursday, February 4 report.

On June 20 analysts at Atlantic Equities initiated coverage on UAL giving it an initial rating of "Overweight". On Wednesday, November 30 the stock rating was upgraded by Goldman Sachs to "Buy". The Balasa Dinverno & Foltz Llc holds 15,500 shares with $1.13 million value, down from 21,097 last quarter. Lapides Asset Management Llc owns 634,700 shares or 4.02% of their U.S. portfolio. Mayo Invest Advisers Limited Co has 244,125 shares for 3.73% of their portfolio. Apg Asset Mngmt Nv, a Netherlands-based fund reported 930,039 shares.

Since May 9, 2017, it had 0 insider buys, and 2 selling transactions for $1.02 million activity. $786,342 worth of stock was sold by Bonds Michael P on Tuesday, May 9.

United Continental Holdings, Inc (UAL) is a holding company and its principal subsidiary is United Air Lines, Inc (United).

The P/E ratio is now 8.19 and the market cap of the company is 18.03B. (United). The Company transports people and cargo through its mainline operations. It has a 7.86 P/E ratio. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America. Currently, 372.64 million total shares are owned by the public and among those 304.21 million shares have been available to trade. Retirement Of Alabama has invested 0.06% in United Continental Holdings Inc (NYSE:UAL).



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