United Airlines (NASDAQ:UAL) Given New $67.00 Price Target at UBS Group

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

A number of other research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price 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. Susquehanna reduced their price objective on United Airlines from $90.00 to $81.00 and set a “positive” rating for the company in a report on Thursday. Barclays decreased their target price on United Airlines from $140.00 to $94.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. TD Cowen upped their price target on United Airlines from $142.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Raymond James lowered United Airlines from an “outperform” rating to a “market perform” rating in a report on Wednesday, April 2nd. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, United Airlines has an average rating of “Moderate Buy” and an average price target of $101.95.

United Airlines Stock Performance

Shares of UAL opened at $66.30 on Thursday. The stock has a 50 day moving average of $79.87 and a 200 day moving average of $87.25. The company has a market capitalization of $21.70 billion, a price-to-earnings ratio of 7.03, a PEG ratio of 0.67 and a beta of 1.19. United Airlines has a 12 month low of $37.02 and a 12 month high of $116.00. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 1.99.

United Airlines (NASDAQ:UAL) last announced its earnings results on Tuesday, April 15th. The transportation company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.16. The firm had revenue of $13.21 billion during the quarter, compared to analyst estimates of $13.47 billion. United Airlines had a return on equity of 32.26% and a net margin of 5.52%. As a group, sell-side analysts forecast that United Airlines will post 12.96 earnings per share for the current year.

Hedge Funds Weigh In On United Airlines

A number of institutional investors have recently added to or reduced their stakes in the business. Moody National Bank Trust Division increased its position in shares of United Airlines by 2.1% in the fourth quarter. Moody National Bank Trust Division now owns 4,840 shares of the transportation company’s stock worth $470,000 after purchasing an additional 98 shares during the last quarter. Diversify Advisory Services LLC grew its stake in United Airlines by 2.2% in the 4th quarter. Diversify Advisory Services LLC now owns 4,739 shares of the transportation company’s stock worth $508,000 after buying an additional 101 shares in the last quarter. Wahed Invest LLC increased its holdings in shares of United Airlines by 5.4% in the 4th quarter. Wahed Invest LLC now owns 2,106 shares of the transportation company’s stock worth $204,000 after buying an additional 108 shares during the last quarter. Metis Global Partners LLC increased its holdings in shares of United Airlines by 2.0% in the 4th quarter. Metis Global Partners LLC now owns 6,501 shares of the transportation company’s stock worth $631,000 after buying an additional 129 shares during the last quarter. Finally, Hemington Wealth Management raised its position in shares of United Airlines by 70.8% during the 4th quarter. Hemington Wealth Management now owns 316 shares of the transportation company’s stock valued at $30,000 after buying an additional 131 shares in the last quarter. 69.69% of the stock is currently owned by institutional investors.

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.