Union Pacific (NYSE:UNP) Earns “Strong-Buy” Rating from Raymond James

Union Pacific (NYSE:UNP)‘s stock had its “strong-buy” rating restated by investment analysts at Raymond James in a research note issued to investors on Friday,Benzinga reports. They currently have a $285.00 price target on the railroad operator’s stock, up from their previous price target of $265.00. Raymond James’ price target would suggest a potential upside of 13.97% from the company’s current price.

UNP has been the subject of a number of other research reports. Stifel Nicolaus upped their price objective on Union Pacific from $253.00 to $270.00 and gave the company a “buy” rating in a report on Friday. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Royal Bank of Canada reduced their price objective on shares of Union Pacific from $288.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Sanford C. Bernstein lowered their target price on shares of Union Pacific from $277.00 to $272.00 and set an “outperform” rating for the company in a research note on Wednesday, October 9th. Finally, Barclays lifted their price target on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Nine equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $262.57.

Union Pacific Trading Up 0.8 %

Union Pacific stock traded up $2.01 during trading hours on Friday, reaching $250.06. 1,764,618 shares of the company’s stock traded hands, compared to its average volume of 2,644,253. Union Pacific has a fifty-two week low of $218.55 and a fifty-two week high of $258.66. The firm’s 50 day moving average is $233.78 and its 200-day moving average is $239.22. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77. The firm has a market capitalization of $151.60 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 2.12 and a beta of 1.06.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the firm earned $2.71 EPS. On average, analysts predict that Union Pacific will post 10.96 earnings per share for the current year.

Institutional Trading of Union Pacific

A number of hedge funds and other institutional investors have recently modified their holdings of UNP. Strategic Investment Solutions Inc. IL bought a new position in shares of Union Pacific in the 2nd quarter valued at about $28,000. Synergy Asset Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $29,000. Catalyst Capital Advisors LLC bought a new position in Union Pacific during the third quarter worth about $30,000. Jamison Private Wealth Management Inc. increased its position 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 buying an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new stake in Union Pacific in the third quarter valued at approximately $32,000. Institutional investors and hedge funds 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.