Union Pacific Corporation (NYSE:UNP) Stock Has Consensus Price Target of $326.44 According to Analysts

Shares of Union Pacific Corporation (NYSE:UNP) have earned an average rating of “Moderate Buy” from the twenty-four brokerages that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $325.09.

A number of brokerages recently issued reports on UNP. Erste Group Bank assumed coverage on Union Pacific in a report on Thursday, August 27th. They issued a “buy” rating for the company. Weiss Ratings upgraded shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $320.00 target price (up from $285.00) on shares of Union Pacific in a report on Friday, July 24th. Evercore reduced their target price on shares of Union Pacific from $329.00 to $322.00 and set an “outperform” rating for the company in a report on Wednesday, October 28th. Finally, Citizens Jmp started coverage on Union Pacific in a research note on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price target for the company.

Union Pacific Trading Up 1.3%

Shares of NYSE UNP opened at $300.84 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $178.77 billion, a PE ratio of 23.45, a PEG ratio of 2.74 and a beta of 0.84. Union Pacific has a twelve month low of $219.89 and a twelve month high of $315.99. The stock has a fifty day simple moving average of $286.49 and a 200-day simple moving average of $272.59.

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

Institutional Investors Weigh In On Union Pacific

A number of large investors have recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new stake in shares of Union Pacific during the second quarter valued at $1,193,135,000. Canada Pension Plan Investment Board purchased a new stake in Union Pacific during the 2nd quarter worth about $1,094,677,000. Bank of America Corp DE raised its position in shares of Union Pacific by 16.8% in the first quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator’s stock valued at $3,509,030,000 after buying an additional 2,084,808 shares during the last quarter. Jupiter Topco LLC acquired a new position in Union Pacific in the 2nd quarter valued at $479,274,000. Finally, State Street Corp lifted its position in Union Pacific by 4.9% during the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock worth $7,586,243,000 after buying an additional 1,302,732 shares during the period. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation operates one of the largest freight rail networks in the United States through its subsidiary, Union Pacific Railroad. Its network serves 23 states across the western two-thirds of the country and connects with other railroads, ports and border crossings, including routes to Mexico and Canada. The company transports a broad range of goods, including agricultural products, industrial materials, coal and energy products, and consumer merchandise. Its services support industries such as manufacturing, construction, agriculture, automotive and retail, with intermodal transportation combining rail with truck and shipping services.