Union Pacific (NYSE:UNP) Given New $267.00 Price Target at Citigroup

Union Pacific (NYSE:UNP) had its price target increased by Citigroup from $255.00 to $267.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a neutral rating on the railroad operator’s stock.

Several other research analysts have also commented on UNP. Robert W. Baird cut their price objective on Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. TD Cowen reduced their price target on Union Pacific from $255.00 to $252.00 and set a “buy” rating on the stock in a research report on Friday, October 25th. Barclays lowered their price objective on shares of Union Pacific from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Friday, October 25th. StockNews.com cut shares of Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Wells Fargo & Company dropped their price target on shares of Union Pacific from $270.00 to $255.00 and set an “overweight” rating on the stock in a research note on Friday, October 25th. Nine research 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’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $259.80.

Union Pacific Stock Down 0.0 %

Shares of NYSE:UNP opened at $235.57 on Tuesday. The stock has a 50-day simple moving average of $242.14 and a 200-day simple moving average of $238.62. The stock has a market capitalization of $142.82 billion, a P/E ratio of 21.63, a PEG ratio of 2.38 and a beta of 1.06. Union Pacific has a 1 year low of $216.79 and a 1 year 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.

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 the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the firm earned $2.51 earnings per share. Union Pacific’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts forecast that Union Pacific will post 10.94 earnings per share for the current year.

Institutional Trading of Union Pacific

Several institutional investors have recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL bought a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Cultivar Capital Inc. bought a new position in shares of Union Pacific during the second quarter valued at approximately $27,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Union Pacific by 265.7% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in Union Pacific during the 2nd quarter valued at approximately $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.