Barclays analyst Brandon Oglenski maintains $United Airlines (UAL.US)$ with a buy rating, and maintains the target price at $150.
According to TipRanks data, the analyst has a success rate of 58.7% and a total average return of 9.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $United Airlines (UAL.US)$'s main analysts recently are as follows:
It is anticipated that United Airlines will conclude 2024 with margins closely resembling those seen prior to the pandemic, which would represent the swiftest recovery among the principal airline companies. The company's potential for growth against an enhancing revenue landscape, compared to more limited rivals, along with its advantage from strong premium demand and competitors withdrawing from important cities, are seen as positive factors.
Airline fundamentals are anticipated to see a sharp positive shift in 2025, which could significantly enhance market perceptions of leading companies within the sector. This change is expected to facilitate substantial appreciation in share prices for industry leaders. The combination of these improving fundamentals and a shift in investor sentiment is projected to catalyze a strong surge in airline stocks as the next year approaches. It is expected that the most successful companies will continue to thrive, with airlines poised to offer considerable upside potential. This potential comes as capacity growth is set to stabilize in 2025, while competition among low-cost carriers undergoes a realignment, further solidifying the dominant positions of industry front-runners.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
