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

In a report released yesterday, David Vernon from Bernstein maintained a Buy rating on United Airlines Holdings, with a price target of $136.00. The company’s shares closed yesterday at $103.21.

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Vernon covers the Industrials sector, focusing on stocks such as United Airlines Holdings, Union Pacific, and FedEx. According to TipRanks, Vernon has an average return of 10.4% and a 64.40% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for United Airlines Holdings with a $141.97 average price target, which is a 37.55% upside from current levels. In a report released on February 25, 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. Last month, Brett Hart, the President of UAL sold 19,000.00 shares for a total of $2,022,550.00.