Stifel Nicolaus Increases Union Pacific (NYSE:UNP) Price Target to $270.00

Union Pacific (NYSE:UNP) had its target price increased by research analysts at Stifel Nicolaus from $253.00 to $270.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the railroad operator’s stock. Stifel Nicolaus’ price target points to a potential upside of 8.46% from the company’s previous close.

Several other research analysts also recently issued reports on the company. Susquehanna lowered their price objective on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. JPMorgan Chase & Co. decreased their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Royal Bank of Canada lowered their target price on 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, Benchmark restated a “buy” rating and set a $266.00 price target on shares of Union Pacific in a report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $262.57.

Union Pacific Stock Performance

Shares of Union Pacific stock opened at $248.94 on Friday. The company has a 50 day moving average of $234.05 and a 200-day moving average of $239.40. The company has a market cap of $150.92 billion, a PE ratio of 22.86, a price-to-earnings-growth ratio of 2.12 and a beta of 1.06. 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 has a 1-year low of $218.55 and a 1-year high of $258.66.

Union Pacific (NYSE:UNP) last announced its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm earned $2.71 earnings per share. As a group, equities research analysts forecast that Union Pacific will post 10.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

Institutional investors have recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific in the second quarter valued at approximately $28,000. Synergy Asset Management LLC purchased a new stake in Union Pacific during the 4th quarter worth about $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific in the 3rd quarter worth about $30,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% during the 3rd 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 increased its position in shares of Union Pacific by 111.5% during 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. Hedge funds and other 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.