UAL Has Been Downgraded by Wolfe Research With a Rating of Underperform

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UAL
UAL

The stocks of UAL have been downgraded by the research analysts working at Wolfe Research- with a rating from ‘peer perform’ to a rating of ‘underperform’. The note was published to the investors in a Friday report. Most of the other research analysts from other equity firms, too, have had their reports published on the stocks of this company. Morgan Stanley, one amongst them, has already dropped the target price of the company from $38 to $37 along with a rating of ‘underweight’. BNP Paribas also covered the many shares of the company in one of their research reports which were published on the 13th of November. The report stated that the price target had been set at $32 and the rating given of ‘underperform’. 

The Quarterly Earnings of UAL

Six of the investment research analysts working on the firm have given it a rating of ‘sell’, while ten of them have given it a rating of ‘hold’. Eight of the analysts have given it a rating for ‘buy’, while a single analyst has given it a ‘strong buy’. The average rating of the company currently is ‘Hold’, while the price target is $49.74. 

The stocks of UAL opened up at a price of $49.91 last Friday. The moving average of the company over 50-days has been $38.31, while that of the 200-days is $35.46.

UAL also has a 52-week low of around $17.80 and a 52-week high of around $90.57. The market cap for the company is $14.61 billion, while the beta is 1.51, and the PE ratio is set at -3.03. The quick ratio of the company is 0.98, with the debt-to-equity ratio set at 3.22.