Shares of United Continental (UAL +2.5%) are outperforming again within the sector and topping broad market averages.
UAL is now up close to 9% over the last week and appear to closing in on reaching $50 a share for the first time since 2007.
The general outlook by analysts on UAL is that there is solid upside for the carrier to improve its PRASM metric which should feed into EPS growth. SA contributor Stone Fox Capital was ahead of the curve with its call.
var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1656873;s=UAL;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);
April 2nd, 2014 at 1:32 pm
Buying momentum over United Continental
10:10 AM ET · UAL