United Continental Holdings Inc (NYSE:UAL) Recieves New Rating from Top Analyst

Imperial Capital analyst Bob McAdoo maintained a Hold rating on United Continental Holdings Inc (NYSE: UAL) today and set a price target of $65. The company’s shares closed yesterday at $56.67.

United Continental has an analyst consensus of Hold, with a price target consensus of $70.

Based on United Continental`s latest earnings report from March 31, the company posted quarterly revenue of $8.61B and quarterly net profit of $508M. In comparison, last year the company earned revenue of $10.33B and had a net profit of $789M.

Financial bloggers on sites such as SeekingAlpha, wsobserver.com and others, seem to have a Positive view on UAL. When evaluating the opinions of financial bloggers over the last 3 months, 95% of bloggers have indicated a Bullish sentiment, while 5% have indicated a Bearish sentiment.

Unlike Imperial Capital`s latest rating, based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2014, James Compton, a the Vice Chair & Chief Rev Officer of UAL sold 38,094 shares for a total of $2,510,014.

According to TipRanks.com, McAdoo is a top 100 analyst with an average return of22.5% and a 64.8% success rate. McAdoo covers the Services sector, focusing on stocks such as Allegiant Travel Company, Air Transport Services, and Ryanair Holdings Plc.

United Continental Holdings Inc transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.