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United Airlines Holdings (UAL) Receives a Buy from Bernstein

Tipranks - Thu Mar 12, 7:30AM CDT

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 $91.10.

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Vernon covers the Industrials sector, focusing on stocks such as United Airlines Holdings, FedEx, and Union Pacific. According to TipRanks, Vernon has an average return of 7.2% and a 59.28% success rate on recommended stocks.

Currently, the analyst consensus on United Airlines Holdings is a Strong Buy with an average price target of $139.53, representing a 53.16% upside. In a report released today, TipRanks – OpenAI also upgraded the stock to a Buy with a $104.00 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.

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