Union Pacific (NYSE:UNP) Stock Price Expected to Rise, TD Cowen Analyst Says

Union Pacific (NYSE:UNP) had its target price lifted by stock analysts at TD Cowen from $245.00 to $258.00 in a research report issued to clients and investors on Friday,Briefing.com Automated Import reports. The brokerage currently has a “buy” rating on the railroad operator’s stock. TD Cowen’s price objective points to a potential upside of 4.11% from the stock’s current price.

UNP has been the subject of a number of other research reports. Citigroup boosted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Robert W. Baird decreased their price target on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Benchmark reaffirmed a “buy” rating and set a $266.00 price objective on shares of Union Pacific in a research note on Friday, October 25th. Stifel Nicolaus decreased their target price on Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Finally, StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and a consensus price target of $259.90.

Union Pacific Price Performance

Shares of UNP stock opened at $247.83 on Friday. The firm’s 50 day moving average price is $233.54 and its two-hundred day moving average price is $239.16. 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 has a 52-week low of $218.55 and a 52-week high of $258.66. The stock has a market cap of $150.25 billion, a PE ratio of 22.76, a PEG ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last posted 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 return on equity of 41.79% and a net margin of 27.33%. During the same period last year, the company posted $2.71 EPS. As a group, analysts forecast that Union Pacific will post 10.96 EPS for the current year.

Hedge Funds Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strategic Investment Solutions Inc. IL acquired a new stake in Union Pacific in the second quarter valued at $28,000. Synergy Asset Management LLC bought a new stake in shares of Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC acquired a new stake in Union Pacific in the 3rd quarter valued at about $30,000. Jamison Private Wealth Management Inc. grew its holdings in Union Pacific by 265.7% during the third 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 period. Finally, Peterson Financial Group Inc. acquired a new position in Union Pacific during the third quarter worth approximately $32,000. 80.38% of the stock is owned by institutional investors.

About Union Pacific

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.