United Airlines Holdings Inc (NASDAQ: UAL) stock closed at $48.74 on 4/17/24 after a major increase of 17.4%. Moreover, exceptionally high trading volume at 709% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 12.2% during the last week.
Current PriceTarget Research Rating
UAL is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
United Airlines Holdings has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. United Airlines Holdings has a good Appreciation Score of 83 but a poor Power Rating of 24, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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