Union Pacific (NYSE:UNP) PT Raised to $216.00 at JPMorgan Chase & Co.


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Union Pacific (NYSE:UNP) had its price target upped by equities research analysts at JPMorgan Chase & Co. from $212.00 to $216.00 in a research note issued on Tuesday, The Fly reports. The brokerage currently has a “neutral” rating on the railroad operator’s stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 0.28% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their target price on Union Pacific from $215.00 to $250.00 in a research note on Monday. Deutsche Bank Aktiengesellschaft boosted their price target on Union Pacific from $220.00 to $239.00 and gave the company a “buy” rating in a report on Monday, November 30th. BMO Capital Markets boosted their price target on Union Pacific from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Monday. TD Securities boosted their price target on Union Pacific from $225.00 to $230.00 and gave the company a “hold” rating in a report on Monday. Finally, Benchmark boosted their price target on Union Pacific from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, September 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $199.38.

NYSE UNP opened at $216.61 on Tuesday. Union Pacific has a 1-year low of $105.08 and a 1-year high of $221.28. The company has a current ratio of 0.96, a quick ratio of 0.84 and a debt-to-equity ratio of 1.61. The stock has a 50-day moving average of $206.17 and a 200-day moving average of $193.62. The firm has a market cap of $145.97 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, October 22nd. The railroad operator reported $2.01 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.05). Union Pacific had a net margin of 27.54% and a return on equity of 32.45%. The company had revenue of $4.92 billion during the quarter, compared to the consensus estimate of $4.97 billion. During the same period last year, the firm posted $2.22 EPS. The company’s revenue was down 10.8% on a year-over-year basis. As a group, equities research analysts forecast that Union Pacific will post 7.93 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of the stock. Holloway Wealth Management LLC bought a new position in Union Pacific in the 3rd quarter valued at approximately $30,000. Hexagon Capital Partners LLC bought a new position in Union Pacific in the 3rd quarter valued at approximately $32,000. Evolution Wealth Advisors LLC lifted its position in Union Pacific by 196.8% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 187 shares of the railroad operator’s stock valued at $37,000 after acquiring an additional 124 shares in the last quarter. Paces Ferry Wealth Advisors LLC bought a new position in Union Pacific in the 3rd quarter valued at approximately $43,000. Finally, Provident Wealth Management LLC bought a new position in Union Pacific in the 3rd quarter valued at approximately $44,000. Institutional investors own 78.16% of the company’s stock.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, engages in the railroad business in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, fertilizers, and food and beverage products to grain processors, animal feeders, ethanol producers, and other agricultural users; coal and sand, as well as petroleum, liquid petroleum gases, and renewables; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, and soda ash, as well as intermodal and finished vehicles.

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