Union Pacific (NYSE:UNP) Given New $277.00 Price Target at BMO Capital Markets

Union Pacific (NYSE:UNP) had its price target raised by equities research analysts at BMO Capital Markets from $275.00 to $277.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the railroad operator’s stock. BMO Capital Markets’ price target suggests a potential upside of 10.79% from the stock’s current price.

UNP has been the topic of several other research reports. Susquehanna reduced their price objective on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Royal Bank of Canada lowered their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. JPMorgan Chase & Co. lowered their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Finally, Sanford C. Bernstein reduced their price objective on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and a consensus target price of $261.62.

Union Pacific Trading Up 0.8 %

NYSE UNP traded up $1.97 during trading hours on Friday, hitting $250.02. The company’s stock had a trading volume of 1,320,730 shares, compared to its average volume of 2,619,999. Union Pacific has a twelve month low of $218.55 and a twelve month high of $258.66. The firm has a market capitalization of $151.58 billion, a P/E ratio of 22.94, a PEG ratio of 2.12 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a fifty day moving average of $233.78 and a 200 day moving average of $239.22.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. During the same quarter in the previous year, the firm earned $2.71 earnings per share. Equities research analysts forecast that Union Pacific will post 10.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Union Pacific

Several institutional investors and hedge funds have recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the 2nd quarter valued at $28,000. Synergy Asset Management LLC bought a new position in shares of Union Pacific during the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC acquired a new position in Union Pacific during the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. boosted its holdings in Union Pacific by 265.7% in the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after acquiring an additional 93 shares during the last quarter. Finally, Dunhill Financial LLC increased its position in shares of Union Pacific by 111.5% during the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock worth $32,000 after buying an additional 68 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific Company Profile

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.