Bank Of America Merrill Lynch Maintains United Continental $34 PO

Bank of America Merrill Lynch maintained its United Continental Holdings

$34 price objective in a research report published today. Bank of America Merrill Lynch has a Buy rating on United Continental Holdings. In the report, Bank of America Merrill Lynch states, "Although we believe more domestically oriented airlines will show better margin momentum, UAL trades at one of the lowest multiples of earnings, EBITDAR, and FCF in the sector." Shares of United Continental Holdings were trading at $19.86 at the time of posting, down 1.97% from Thursday's market close.