Susquehanna Has Lowered Expectations for Union Pacific (NYSE:UNP) Stock Price

by · The Markets Daily

Union Pacific (NYSE:UNP – Get Free Report) had its price objective reduced by investment analysts at Susquehanna from $345.00 to $333.00 in a report issued on Friday, Benzinga reports. The firm presently has a “positive” rating on the railroad operator’s stock. Susquehanna’s target price indicates a potential upside of 22.32% from the stock’s current price.

UNP has been the topic of several other research reports. Barclays reaffirmed an “overweight” rating and set a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Robert W. Baird lifted their price objective on shares of Union Pacific from $311.00 to $344.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Erste Group Bank initiated coverage on shares of Union Pacific in a research report on Thursday, August 27th. They issued a “buy” rating on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $335.00 price objective (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus price target of $327.00.

Check Out Our Latest Research Report on UNP

Union Pacific Price Performance

UNP stock opened at $272.24 on Friday. The stock’s 50 day moving average is $290.87 and its two-hundred day moving average is $273.61. Union Pacific has a 52-week low of $215.53 and a 52-week high of $315.99. The company has a market capitalization of $161.73 billion, a PE ratio of 22.04, a P/E/G ratio of 2.71 and a beta of 0.95. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40.

Union Pacific (NYSE:UNP – Get Free Report) last released its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating the consensus estimate of $3.26 by $0.15. The company had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The business’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.03 EPS. Analysts predict that Union Pacific will post 13.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Capital World Investors boosted its holdings in shares of Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after acquiring an additional 9,655,306 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Union Pacific during the 2nd quarter valued at $1,193,135,000. Canada Pension Plan Investment Board bought a new stake in shares of Union Pacific in the 2nd quarter worth $1,094,677,000. Capital Research Global Investors boosted its stake in Union Pacific by 26.0% during the fourth quarter. Capital Research Global Investors now owns 10,980,904 shares of the railroad operator’s stock valued at $2,540,105,000 after buying an additional 2,267,708 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Union Pacific by 16.8% during the first quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator’s stock worth $3,509,030,000 after acquiring an additional 2,084,808 shares during the period. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Company Profile

(Get Free Report)

Union Pacific Corporation (NYSE: UNP) is a freight railroad company that operates one of the largest rail networks in North America. Through its principal subsidiary, Union Pacific Railroad, the company provides transportation services for businesses across the western two-thirds of the United States.

Union Pacific transports a broad range of commodities and manufactured goods, including agricultural products, automotive vehicles and parts, chemicals, coal, industrial products, forest products, and intermodal containers.

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