Union Pacific (NYSE:UNP) Price Target Raised to $345.00

Union Pacific (NYSE:UNP) had its price target increased by Susquehanna from $333.00 to $345.00 in a research note published on Tuesday,Benzinga reports. The brokerage currently has a positive rating on the railroad operator’s stock.

UNP has been the subject of several other research reports. Robert W. Baird raised their price objective on Union Pacific from $311.00 to $344.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Bank of America raised their price target on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. cut their price objective on Union Pacific from $322.00 to $321.00 and set a “neutral” rating for the company in a report on Friday, October 23rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $335.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $326.44.

Union Pacific Price Performance

UNP stock opened at $302.01 on Tuesday. The stock has a market capitalization of $179.47 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 2.94 and a beta of 0.95. Union Pacific has a 12-month low of $215.70 and a 12-month high of $315.99. The firm’s 50-day moving average price is $287.51 and its two-hundred day moving average price is $269.69. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 22nd. The railroad operator reported $3.53 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.06. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. During the same quarter in the prior year, the company earned $3.08 earnings per share. The firm’s revenue for the quarter was up 15.3% on a year-over-year basis. As a group, equities analysts predict that Union Pacific will post 13.13 earnings per share for the current year.

Institutional Investors Weigh In On Union Pacific

Large investors have recently bought and sold shares of the business. Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of Union Pacific in the 3rd quarter valued at about $214,000. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in Union Pacific by 32.6% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 14,080 shares of the railroad operator’s stock valued at $3,831,000 after acquiring an additional 3,459 shares during the period. Next Level Wealth Planning LLC purchased a new stake in shares of Union Pacific during the third quarter worth about $54,000. Signature Equity Partners LLC increased its stake in Union Pacific by 6.5% during the 3rd quarter. Signature Equity Partners LLC now owns 1,302 shares of the railroad operator’s stock worth $354,000 after buying an additional 80 shares in the last quarter. Finally, XML Financial LLC raised its stake in Union Pacific by 2.2% in the 3rd quarter. XML Financial LLC now owns 10,114 shares of the railroad operator’s stock valued at $2,752,000 after purchasing an additional 219 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.