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United Continental Holdings, Inc. (UAL) [hlAlert]

Rating:
Neutral UAL

United Continental Holdings, Inc. (UAL) rated Neutral with price target $53.50 by JP Morgan

Posted on: Friday,  Jan 31, 2014  8:25 AM ET by JP Morgan

United Continental Holdings, Inc. (NYSE:
UAL) rated Neutral with price target $53.50 by JP Morgan.

United Continental Holdings, Inc. (UAL), formerly UAL Corporation, is a holding company and it?s, wholly owned subsidiaries are United Air Lines, Inc. (United) and Continental Airlines, Inc. (Continental). United and Continental transport people and cargo through their mainline operations, which utilize full-sized jet aircraft, and regional operations, which utilize smaller aircraft that are operated under contract by United Express, Continental Express and Continental Connection carriers. On May 2, 2010, the Company, Continental, and JT Merger Sub Inc., a wholly owned subsidiary of the Company, entered into an Agreement and Plan of Merger providing for a merger of equals business combination. On October 1, 2010, JT Merger Sub Inc. merged with and into Continental, with Continental surviving as a wholly owned subsidiary of UAL Corporation (the Merger). Upon closing of the Merger, the Company became the parent company of both Continental and United.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2014 8:25 AM Hold
None
45.84 53.50
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2013 11:25 AM Hold
None
25.98

(*) Stock Price at the time of the recommendation.
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