Union Pacific (NYSE:UNP) Price Target Raised to $285.00

by · The Cerbat Gem

Union Pacific (NYSE:UNP – Free Report) had its target price boosted by Barclays from $275.00 to $285.00 in a research note released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the railroad operator’s stock.

UNP has been the subject of a number of other research reports. Benchmark reiterated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Evercore ISI lowered shares of Union Pacific from an “outperform” rating to an “inline” rating and dropped their price objective for the stock from $254.00 to $247.00 in a report on Wednesday, September 25th. Royal Bank of Canada reduced their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Citigroup raised their price target on Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Susquehanna reduced their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $259.80.

Check Out Our Latest Stock Report on UNP

Union Pacific Trading Down 0.0 %

UNP stock opened at $235.57 on Wednesday. Union Pacific has a 1-year low of $216.79 and a 1-year high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The business’s 50 day moving average is $242.14 and its 200-day moving average is $238.62. The firm has a market cap of $142.82 billion, a P/E ratio of 21.63, a P/E/G ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. During the same quarter last year, the company earned $2.51 earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. Equities analysts anticipate that Union Pacific will post 10.94 earnings per share for the current fiscal year.

Institutional Trading of Union Pacific

Hedge funds have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific in the second quarter valued at approximately $28,000. Cultivar Capital Inc. acquired a new position in shares of Union Pacific in the 2nd quarter valued at $27,000. Catalyst Capital Advisors LLC acquired a new position in shares of Union Pacific in the 3rd quarter valued at $30,000. Jamison Private Wealth Management Inc. increased its position in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new stake in Union Pacific during the 2nd quarter worth $31,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

(Get Free Report)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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