UBS analyst Thomas Wadewitz has increased the price target for United Airlines (UAL, Financial), lifting it from $59 to $67. This adjustment comes in response to United's strong performance and advantageous standing, despite an unpredictable market environment.
Following the airline's first-quarter report, UBS maintains a Neutral rating on United's shares. The firm acknowledges the company's robust execution as a significant factor in its decision to revise the price target upward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for United Airlines Holdings Inc (UAL, Financial) is $96.58 with a high estimate of $135.00 and a low estimate of $59.00. The average target implies an upside of 44.17% from the current price of $66.99. More detailed estimate data can be found on the United Airlines Holdings Inc (UAL) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, United Airlines Holdings Inc's (UAL, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for United Airlines Holdings Inc (UAL, Financial) in one year is $61.63, suggesting a downside of 8% from the current price of $66.99. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the United Airlines Holdings Inc (UAL) Summary page.
