Barclays Sticks to Its Buy Rating for United Airlines Holdings (UAL)

Barclays analyst Brandon Oglenski maintained a Buy rating on United Airlines Holdings (UAL – Research Report) today and set a price target of $60.00. The company’s shares closed yesterday at $41.50.

According to TipRanks, Oglenski is a 5-star analyst with an average return of 7.1% and a 53.44% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Norfolk Southern, FedEx, and American Airlines.

United Airlines Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $58.86, a 41.83% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a $73.00 price target.

UAL market cap is currently $13.46B and has a P/E ratio of 5.27.

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United Airlines Holdings (UAL) Company Description:

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.