Weekly Investment Analysts’ Ratings Updates for United Airlines (UAL)

A number of firms have modified their ratings and price targets on shares of United Airlines (NASDAQ: UAL) recently:

• 4/24/2024 – United Airlines was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/18/2024 – United Airlines had its price target raised by analysts at Susquehanna from $55.00 to $60.00. They now have a “positive” rating on the stock.
• 4/18/2024 – United Airlines had its price target raised by analysts at Morgan Stanley from $75.00 to $80.00. They now have an “overweight” rating on the stock.
• 4/18/2024 – United Airlines had its price target raised by analysts at Raymond James from $66.00 to $70.00. They now have an “outperform” rating on the stock.
• 4/18/2024 – United Airlines was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 4/18/2024 – United Airlines had its price target raised by analysts at Bank of America Co. from $60.00 to $70.00. They now have a “buy” rating on the stock.
• 4/12/2024 – United Airlines was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 4/9/2024 – United Airlines had its price target lowered by analysts at Susquehanna from $60.00 to $55.00. They now have a “positive” rating on the stock.
• 4/5/2024 – United Airlines was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 3/23/2024 – United Airlines was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/20/2024 – United Airlines is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $47.00 price target on the stock.
• 3/14/2024 – United Airlines was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 3/8/2024 – United Airlines was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

United Airlines Price Performance

NASDAQ UAL opened at $50.67 on Thursday. United Airlines Holdings, Inc. has a twelve month low of $33.68 and a twelve month high of $58.23. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.69 and a current ratio of 0.75. The stock has a market capitalization of $16.66 billion, a PE ratio of 6.26, a P/E/G ratio of 0.53 and a beta of 1.55. The stock has a 50-day simple moving average of $46.07 and a 200 day simple moving average of $42.18.

Insider Buying and Selling

In related news, EVP Kate Gebo sold 15,000 shares of the business’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $50.86, for a total transaction of $762,900.00. Following the completion of the transaction, the executive vice president now owns 57,512 shares of the company’s stock, valued at approximately $2,925,060.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.63% of the stock is owned by insiders.

Hedge Funds Weigh In On United Airlines

Large investors have recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in United Airlines in the 3rd quarter valued at approximately $25,000. Loomis Sayles & Co. L P raised its holdings in United Airlines by 707.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 622 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 545 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in United Airlines by 72.1% in the 4th quarter. Venturi Wealth Management LLC now owns 654 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 274 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in shares of United Airlines in the 4th quarter valued at approximately $27,000. Finally, GoalVest Advisory LLC bought a new stake in shares of United Airlines in the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

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.