Shares of United Airlines Holdings, Inc. (NASDAQ:UAL – Get Rating) have been given an average rating of “Hold” by the eighteen research firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $63.33.
Several brokerages have recently weighed in on UAL. Wolfe Research upgraded United Airlines from an “underperform” rating to a “peer perform” rating in a report on Friday, May 6th. Morgan Stanley raised their price target on United Airlines from $62.00 to $67.00 and gave the company an “equal weight” rating in a report on Friday, April 22nd. Exane BNP Paribas upgraded United Airlines from an “underperform” rating to a “neutral” rating in a report on Friday, March 18th. Cowen raised their price target on United Airlines from $78.00 to $86.50 and gave the company an “outperform” rating in a report on Friday, April 22nd. Finally, Argus upgraded United Airlines from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a report on Friday, April 22nd.
In other United Airlines news, EVP Torbjorn J. Enqvist sold 8,900 shares of the firm’s stock in a transaction dated Friday, April 22nd. The stock was sold at an average price of $51.33, for a total value of $456,837.00. Following the transaction, the executive vice president now directly owns 19,190 shares of the company’s stock, valued at $985,022.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edward Shapiro bought 25,000 shares of the company’s stock in a transaction on Thursday, June 2nd. The stock was purchased at an average cost of $45.20 per share, for a total transaction of $1,130,000.00. Following the completion of the transaction, the director now…