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

Rating:
Buy UAL
up 117.13 %

UAL Corp (UAL) rated Buy with price target $40 by Stifel Nicolaus

Posted on: Monday,  Oct 4, 2010  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy United Continental Holdings, Inc. (NYSE: UAL) on 10/04/2010, when the stock price was $24.10.
Since then, United Continental Holdings, Inc. has gained 117.14% as of 01/25/2016's recent price of $52.33.
If you would have followed this Stifel Nicolaus's recommendation on UAL, you would have gained 117.13% of your investment in 1939 days.

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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2010 8:25 AM Buy
None
24.10 40.00
as of 12/31/2010
1 Week   
1 Month   
3 Months   
1 YTD up  10.74 %

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