Union Pacific (NYSE:UNP) Price Target Raised to $267.00 at Citigroup

Union Pacific (NYSE:UNP) had its price objective upped by Citigroup from $255.00 to $267.00 in a research report released on Tuesday,Benzinga reports. They currently have a neutral rating on the railroad operator’s stock.

UNP has been the subject of several other research reports. StockNews.com lowered shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Royal Bank of Canada dropped their target price on Union Pacific from $288.00 to $283.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Barclays decreased their price target on Union Pacific from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. BMO Capital Markets dropped 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. Finally, JPMorgan Chase & Co. dropped their target price 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. Nine investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Price Performance

NYSE:UNP opened at $235.58 on Tuesday. The company has a fifty day moving average price of $242.46 and a 200 day moving average price of $238.64. The stock has a market cap of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.36 and a beta of 1.06. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific has a one year low of $215.81 and a one year high of $258.66.

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

Institutional Trading of Union Pacific

Institutional investors and hedge funds have recently made changes to their positions in the business. Cultivar Capital Inc. bought a new stake in Union Pacific in the second quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Union Pacific in the second quarter valued at about $28,000. Financial Gravity Asset Management Inc. raised its stake in shares of Union Pacific by 3,250.0% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 134 shares of the railroad operator’s stock worth $30,000 after purchasing an additional 130 shares in the last quarter. Catalyst Capital Advisors LLC bought a new stake in Union Pacific during the third quarter worth $30,000. Finally, Fairscale Capital LLC bought a new stake in shares of Union Pacific in the 2nd quarter valued at about $31,000. 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.