Union Pacific (NYSE:UNP) Stock Price Expected to Rise, Citigroup Analyst Says

Union Pacific (NYSE:UNP) had its price objective lifted by Citigroup from $254.00 to $260.00 in a report released on Friday,Benzinga reports. The firm presently has a “neutral” rating on the railroad operator’s stock. Citigroup’s target price would indicate a potential upside of 4.44% from the stock’s previous close.

Several other brokerages also recently issued reports on UNP. JPMorgan Chase & Co. decreased their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a report on Friday, October 25th. StockNews.com cut Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Sanford C. Bernstein decreased their price target on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a report on Wednesday, October 9th. Barclays boosted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Finally, Raymond James lifted their price objective on Union Pacific from $260.00 to $265.00 and gave the stock a “strong-buy” rating in a report on Friday, January 10th. Nine equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $262.57.

Union Pacific Stock Performance

NYSE UNP opened at $248.94 on Friday. The firm’s 50 day simple moving average is $234.05 and its 200 day simple moving average is $239.40. The firm has a market capitalization of $150.92 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 2.12 and a beta of 1.06. Union Pacific has a 1 year low of $218.55 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.

Union Pacific (NYSE:UNP) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 EPS for the quarter, beating 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 period last year, the firm posted $2.71 EPS. As a group, research analysts expect that Union Pacific will post 10.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Union Pacific

A number of hedge funds have recently modified their holdings of the business. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the second quarter worth about $28,000. Synergy Asset Management LLC purchased a new stake in shares of Union Pacific during the fourth quarter valued at $29,000. Catalyst Capital Advisors LLC bought a new stake in shares of Union Pacific during the third quarter valued at approximately $30,000. Jamison Private Wealth Management Inc. increased its stake in shares of Union Pacific by 265.7% during the third 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 during the period. Finally, Peterson Financial Group Inc. purchased a new stake in shares of Union Pacific in the 3rd quarter worth approximately $32,000. 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.