United Continental Holdings Now Perfect Stock, Offers 36.5% Upside, Vetr Community Says

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Despite some volatility, shares of United Continental Holdings Inc UAL have ultimately lost more than 22 percent year to date, widely underperforming all major U.S. stock indexes. Moreover, over the past month alone, the stock has tumbled roughly 12.1 percent.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Following such a decline, top raters at the Vetr community decided to upgrade their rating on shares of United Continental Holdings, from 3.0 Stars (Hold) to 5.0 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

The new rating seems more aligned with the crowd’s target price of $60.67, which implies an upside potential of 36.5 percent from current valuations.

Finally, it should be noted that 83 percent of the crowd’s rating are bullish, meaning that the crowd as a whole is quite bullish, but not as much as the top raters.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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