Bernstein Keeps Their Buy Rating on United Airlines Holdings (UAL)

Bernstein analyst David Vernon maintained a Buy rating on United Airlines Holdings yesterday and set a price target of $136.00. The company’s shares closed yesterday at $112.59.

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According to TipRanks, Vernon is a 4-star analyst with an average return of 10.8% and a 63.54% success rate. Vernon covers the Industrials sector, focusing on stocks such as United Airlines Holdings, FedEx, and Union Pacific.

United Airlines Holdings has an analyst consensus of Strong Buy, with a price target consensus of $141.97, implying a 26.09% upside from current levels. In a report released on February 19, Jefferies also maintained a Buy rating on the stock with a $148.00 price target.

Based on United Airlines Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $15.4 billion and a net profit of $1.04 billion. In comparison, last year the company earned a revenue of $14.7 billion and had a net profit of $984 million

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UAL in relation to earlier this year. Earlier this month, Brett Hart, the President of UAL sold 19,000.00 shares for a total of $2,022,550.00.