Union Pacific Co. (NYSE:UNP) Receives $259.15 Average Target Price from Brokerages

Union Pacific Co. (NYSE:UNP) has received a consensus rating of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $259.15.

Several analysts have recently weighed in on the company. Barclays reduced their target price on Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a report on Friday, October 25th. TD Cowen reduced their price objective on Union Pacific from $255.00 to $252.00 and set a “buy” rating for the company in a research note on Friday, October 25th. Evercore ISI downgraded Union Pacific from an “outperform” rating to an “inline” rating and reduced their price objective for the company from $254.00 to $247.00 in a research note on Wednesday, September 25th. Royal Bank of Canada reduced their price objective on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, BMO Capital Markets reduced their price objective on Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, September 20th.

Union Pacific Stock Up 0.2 %

Union Pacific stock opened at $241.95 on Friday. Union Pacific has a fifty-two week low of $208.14 and a fifty-two week high of $258.66. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The company has a market capitalization of $146.68 billion, a P/E ratio of 22.22, a PEG ratio of 2.39 and a beta of 1.06. The stock has a 50-day simple moving average of $243.38 and a 200-day simple moving average of $238.67.

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

Hedge Funds Weigh In On Union Pacific

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Forum Financial Management LP grew its holdings in shares of Union Pacific by 0.6% in the 1st quarter. Forum Financial Management LP now owns 7,037 shares of the railroad operator’s stock worth $1,731,000 after acquiring an additional 41 shares during the period. Fairhaven Wealth Management LLC lifted its position in shares of Union Pacific by 1.7% in the second quarter. Fairhaven Wealth Management LLC now owns 2,581 shares of the railroad operator’s stock valued at $584,000 after acquiring an additional 43 shares in the last quarter. Chesapeake Wealth Management boosted its stake in shares of Union Pacific by 0.5% during the second quarter. Chesapeake Wealth Management now owns 8,202 shares of the railroad operator’s stock valued at $1,856,000 after acquiring an additional 43 shares during the last quarter. Fortis Capital Advisors LLC increased its position in Union Pacific by 5.0% during the 1st quarter. Fortis Capital Advisors LLC now owns 916 shares of the railroad operator’s stock worth $225,000 after purchasing an additional 44 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV raised its stake in Union Pacific by 0.5% in the 2nd quarter. Azzad Asset Management Inc. ADV now owns 8,384 shares of the railroad operator’s stock valued at $1,897,000 after purchasing an additional 44 shares during the last quarter. 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.