Fintel reports that on September 29, 2023, Jefferies maintained coverage of United Airlines Holdings (NASDAQ:UAL) with a Hold recommendation.
Analyst Price Forecast Suggests 72.58% Upside
As of August 31, 2023, the average one-year price target for United Airlines Holdings is 73.02. The forecasts range from a low of 50.50 to a high of $90.30. The average price target represents an increase of 72.58% from its latest reported closing price of 42.31.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for United Airlines Holdings is 51,057MM, an increase of 0.34%. The projected annual non-GAAP EPS is 5.78.
What is the Fund Sentiment?
There are 1212 funds or institutions reporting positions in United Airlines Holdings. This is an increase of 32 owner(s) or 2.71% in the last quarter. Average portfolio weight of all funds dedicated to UAL is 0.19%, an increase of 11.33%. Total shares owned by institutions increased in the last three months by 2.88% to 274,707K shares. 
The put/call ratio of UAL is 1.76, indicating a bearish outlook.
What are Other Shareholders Doing?
Primecap Management holds 23,562K shares representing 7.18% ownership of the company. In it's prior filing, the firm reported owning 23,905K shares, representing a decrease of 1.45%. The firm increased its portfolio allocation in UAL by 17.12% over the last quarter.
Capital International Investors holds 20,693K shares representing 6.31% ownership of the company. In it's prior filing, the firm reported owning 20,437K shares, representing an increase of 1.24%. The firm increased its portfolio allocation in UAL by 17.74% over the last quarter.
AGTHX - GROWTH FUND OF AMERICA holds 16,330K shares representing 4.98% ownership of the company. No change in the last quarter.
VPMCX - Vanguard PRIMECAP Fund Investor Shares holds 12,136K shares representing 3.70% ownership of the company. In it's prior filing, the firm reported owning 12,349K shares, representing a decrease of 1.75%. The firm increased its portfolio allocation in UAL by 17.29% over the last quarter.
Capital World Investors holds 11,929K shares representing 3.64% ownership of the company. In it's prior filing, the firm reported owning 11,927K shares, representing an increase of 0.01%. The firm increased its portfolio allocation in UAL by 15.40% over the last quarter.
United Airlines Holdings Background Information
(This description is provided by the company.)
United's shared purpose is 'Connecting People. Uniting the World.' The Company is more focused than ever on its commitment to customers through a series of innovations and improvements designed to help build a great experience: Every customer. Every flight. Every day. Together, United and United Express operate approximately 4,900 flights a day to 358 airports across five continents. In 2018, United and United Express operated more than 1.7 million flights carrying more than 158 million customers. United is proud to have the world's most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. United operates 788 mainline aircraft and the airline's United Express partners operate 560 regional aircraft. United is a founding member of Star Alliance, which provides service to 195 countries via 26 member airlines.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
