Union Pacific (NYSE:UNP – Get Free Report)‘s stock had its “strong-buy” rating reaffirmed by equities research analysts at Raymond James in a report released on Friday,Benzinga reports. They presently have a $285.00 target price on the railroad operator’s stock, up from their previous target price of $265.00. Raymond James’ target price points to a potential upside of 14.48% from the company’s current price.
A number of other research analysts have also issued reports on UNP. Robert W. Baird raised their target price on shares of Union Pacific from $260.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup raised their price target on Union Pacific from $254.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday. Guggenheim lifted their price target on Union Pacific from $266.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday. Royal Bank of Canada cut their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. cut their target price on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.57.
Union Pacific Trading Up 0.4 %
Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings data 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 quarter last year, the business posted $2.71 EPS. On average, analysts forecast that Union Pacific will post 10.96 earnings per share for the current fiscal year.
Institutional Trading of Union Pacific
Several institutional investors and hedge funds have recently bought and sold shares of UNP. Strategic Investment Solutions Inc. IL acquired a new position in shares of Union Pacific during the 2nd quarter worth approximately $28,000. Synergy Asset Management LLC acquired a new stake in Union Pacific during the 4th quarter valued at $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the third quarter worth $30,000. Jamison Private Wealth Management Inc. increased its holdings in shares of 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 purchasing an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific in the third quarter valued at about $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.
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