United Airlines Holdings, Inc. (NASDAQ:UAL – Get Rating) fell 3.8% during mid-day trading on Thursday after Raymond James lowered their price target on the stock from $62.00 to $48.00. The company traded as low as $35.28 and last traded at $35.33. 98,999 shares were traded during trading, a decline of 99% from the average session volume of 11,454,350 shares. The stock had previously closed at $36.72.
A number of other equities analysts have also commented on UAL. Exane BNP Paribas raised shares of United Airlines from an “underperform” rating to a “neutral” rating in a research report on Friday, March 18th. Argus raised shares of United Airlines from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Friday, April 22nd. BNP Paribas raised shares of United Airlines from an “underperform” rating to a “neutral” rating and set a $38.00 price target on the stock in a research report on Friday, March 18th. Cowen raised their price target on shares of United Airlines from $78.00 to $86.50 and gave the stock an “outperform” rating in a research report on Friday, April 22nd. Finally, The Goldman Sachs Group raised their price target on shares of United Airlines from $52.00 to $59.00 and gave the stock a “buy” rating in a research report on Friday, April 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, United Airlines presently has an average rating of “Moderate Buy” and a consensus price target of $62.07.
In related news, VP Chris Kenny sold 9,700 shares of United Airlines stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $47.88, for a total transaction of $464,436.00. Following the sale, the vice president now directly owns 19,605 shares of the company’s stock, valued…