Analysts Set Union Pacific Co. (NYSE:UNP) Price Target at $259.15

Shares of Union Pacific Co. (NYSE:UNP) have earned an average rating of “Moderate Buy” from the twenty research firms that are presently covering the company, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $259.80.

Several research analysts have commented on UNP shares. Sanford C. Bernstein cut their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a report on Wednesday, October 9th. Bank of America cut their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a report on Tuesday, September 24th. Daiwa America downgraded shares of Union Pacific from a “moderate buy” rating to a “hold” rating in a report on Wednesday, September 4th. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Finally, Royal Bank of Canada cut their price target on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th.

Hedge Funds Weigh In On Union Pacific

Large investors have recently added to or reduced their stakes in the business. State Street Corp increased its position in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator’s stock valued at $6,109,829,000 after acquiring an additional 217,780 shares during the period. Ameriprise Financial Inc. increased its position in shares of Union Pacific by 1.3% in the second quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator’s stock valued at $1,880,701,000 after acquiring an additional 106,996 shares during the period. Capital Research Global Investors increased its position in shares of Union Pacific by 7.6% in the first quarter. Capital Research Global Investors now owns 7,370,752 shares of the railroad operator’s stock valued at $1,812,689,000 after acquiring an additional 518,985 shares during the period. Fisher Asset Management LLC increased its position in shares of Union Pacific by 2.3% in the third quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator’s stock valued at $1,549,271,000 after acquiring an additional 143,896 shares during the period. Finally, Legal & General Group Plc increased its position in shares of Union Pacific by 2.1% in the second quarter. Legal & General Group Plc now owns 5,970,669 shares of the railroad operator’s stock valued at $1,350,924,000 after acquiring an additional 124,571 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 0.0 %

Shares of UNP stock opened at $235.57 on Friday. The company has a 50 day moving average of $242.14 and a 200-day moving average of $238.62. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. Union Pacific has a 12-month low of $216.79 and a 12-month high of $258.66. The firm has a market cap of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 EPS for the quarter, missing the consensus estimate of $2.78 by ($0.03). The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business posted $2.51 earnings per share. Sell-side analysts anticipate that Union Pacific will post 10.94 earnings per share for the current year.

About Union Pacific

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.