Union Pacific (NYSE:UNP) Price Target Raised to $265.00

Union Pacific (NYSE:UNP - Get Free Report) had its price target boosted by stock analysts at Raymond James from $260.00 to $265.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a "strong-buy" rating on the railroad operator's stock. Raymond James' price objective would suggest a potential upside of 17.72% from the stock's previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating on the stock in a research report on Friday, October 25th. Benchmark reiterated a "buy" rating and issued a $266.00 target price on shares of Union Pacific in a research report on Friday, October 25th. Evercore ISI cut Union Pacific from an "outperform" rating to an "inline" rating and reduced their price objective for the stock from $254.00 to $247.00 in a research note on Wednesday, September 25th. Stifel Nicolaus reduced their price target on shares of Union Pacific from $265.00 to $262.00 and set a "buy" rating on the stock in a research report on Friday, October 25th. Finally, BMO Capital Markets lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an "outperform" rating for the company in a research report on Friday, September 20th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $259.80.

Union Pacific Stock Down 2.9 %

NYSE UNP traded down $6.71 during mid-day trading on Friday, reaching $225.11. 2,711,328 shares of the company's stock traded hands, compared to its average volume of 2,582,855. 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. The company has a fifty day simple moving average of $234.80 and a 200-day simple moving average of $238.63. The company has a market cap of $136.47 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 2.33 and a beta of 1.06.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing analysts' consensus estimates of $2.78 by ($0.03). The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The firm's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.51 EPS. As a group, equities research analysts expect that Union Pacific will post 10.94 EPS for the current year.

Hedge Funds Weigh In On Union Pacific

Institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp boosted its holdings in shares of Union Pacific by 0.9% during the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after purchasing an additional 217,780 shares during the period. Geode Capital Management LLC lifted its position in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock worth $3,146,451,000 after buying an additional 182,620 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Union Pacific by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,312,154 shares of the railroad operator's stock worth $1,880,701,000 after buying an additional 106,996 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after acquiring an additional 625,492 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of Union Pacific by 2.3% during the 3rd quarter. Fisher Asset Management LLC now owns 6,285,585 shares of the railroad operator's stock valued at $1,549,271,000 after acquiring an additional 143,896 shares in the last quarter. 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.