Jefferies Remains a Buy on United Airlines Holdings (UAL)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on United Airlines Holdings, with a price target of $148.00.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, Southwest Airlines, and Delta Air Lines. According to TipRanks, Kahyaoglu has an average return of 14.5% and a 63.10% success rate on recommended stocks.

In addition to Jefferies, United Airlines Holdings also received a Buy from Bernstein’s David Vernon in a report issued yesterday. However, on February 7, TipRanks – Anthropic reiterated a Hold rating on United Airlines Holdings (NASDAQ: UAL).

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.