Union Pacific (NYSE:UNP – Get Free Report) had its price target raised by equities researchers at Stifel Nicolaus from $253.00 to $270.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the railroad operator’s stock. Stifel Nicolaus’ target price suggests a potential upside of 8.46% from the company’s previous close.
UNP has been the topic of several other research reports. JPMorgan Chase & Co. cut their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Robert W. Baird raised their price objective on shares of Union Pacific from $260.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Benchmark reaffirmed a “buy” rating and issued a $266.00 target price on shares of Union Pacific 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 issued a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $262.57.
Read Our Latest Stock Analysis on Union Pacific
Union Pacific Stock Up 0.4 %
Union Pacific (NYSE:UNP – Get Free Report) last released 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 net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the company posted $2.71 earnings per share. Analysts forecast that Union Pacific will post 10.96 earnings per share for the current year.
Institutional Investors Weigh In On Union Pacific
Hedge funds and other institutional investors have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new position in Union Pacific during the second quarter worth about $28,000. Synergy Asset Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $29,000. Catalyst Capital Advisors LLC bought a new position in shares of Union Pacific during the third quarter worth approximately $30,000. Jamison Private Wealth Management Inc. raised its position 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 buying an additional 93 shares in the last quarter. Finally, Dunhill Financial LLC boosted its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. Institutional investors and hedge funds 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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