In a report released yesterday, Adrian Yanoshik from Berenberg Bank maintained a Hold rating on United Airlines Holdings (UAL – Research Report), with a price target of $45.00. The company’s shares closed last Wednesday at $42.83, close to its 52-week low of $38.84.
According to TipRanks.com, Yanoshik is ranked 0 out of 5 stars with an average return of -11.5% and a 36.7% success rate. Yanoshik covers the Industrial Goods sector, focusing on stocks such as Southwest Airlines, American Airlines, and Delta Airlines.
Currently, the analyst consensus on United Airlines Holdings is a Moderate Buy with an average price target of $55.55, a 30.8% upside from current levels. In a report issued on January 21, Evercore ISI also maintained a Hold rating on the stock with a $55.00 price target.
Based on United Airlines Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $8.19 billion and GAAP net loss of $646 million. In comparison, last year the company earned revenue of $3.41 billion and had a GAAP net loss of $1.9 billion.
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UAL Corp. provides air transportation services through it’s subsidiary, United Airlines, Inc., in North America, the Pacific, the Atlantic and Latin America. It offers transportation of passengers and cargo. The company operates 3,400 flights and 200 United States domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington. The company was founded in 1934 and is headquartered in Chicago, IL.
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