Raymond James Increases Union Pacific (NYSE:UNP) Price Target to $244.00

Union Pacific (NYSE:UNPGet Rating) had its price objective raised by investment analysts at Raymond James from $220.00 to $244.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “strong-buy” rating on the railroad operator’s stock. Raymond James’ target price points to a potential upside of 18.73% from the company’s current price.

UNP has been the topic of a number of other reports. Susquehanna Bancshares decreased their target price on Union Pacific from $208.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, October 21st. Deutsche Bank Aktiengesellschaft boosted their target price on Union Pacific from $216.00 to $238.00 in a research report on Monday, November 28th. Barclays boosted their target price on Union Pacific from $220.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 11th. Argus decreased their target price on Union Pacific from $275.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, October 21st. Finally, UBS Group decreased their target price on Union Pacific from $212.00 to $210.00 and set a “neutral” rating on the stock in a research report on Friday, October 21st. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $221.08.

Union Pacific Stock Down 1.9 %

Union Pacific stock opened at $205.50 on Wednesday. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.77 and a quick ratio of 0.63. Union Pacific has a 1-year low of $183.70 and a 1-year high of $278.94. The company has a market cap of $126.34 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 1.83 and a beta of 1.11. The stock’s 50 day moving average price is $211.47 and its 200 day moving average price is $213.04.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings results on Thursday, October 20th. The railroad operator reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.06 by $0.13. The firm had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $6.41 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.57 earnings per share. On average, sell-side analysts predict that Union Pacific will post 11.48 EPS for the current fiscal year.

Insider Activity at Union Pacific

In other Union Pacific news, Director Teresa Finley bought 1,380 shares of the company’s stock in a transaction that occurred on Monday, October 24th. The stock was purchased at an average cost of $188.26 per share, for a total transaction of $259,798.80. Following the completion of the purchase, the director now owns 1,380 shares of the company’s stock, valued at approximately $259,798.80. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its position in shares of Union Pacific by 8.7% in the third quarter. Nordea Investment Management AB now owns 50,653 shares of the railroad operator’s stock worth $10,083,000 after buying an additional 4,051 shares during the period. Sawtooth Solutions LLC boosted its position in shares of Union Pacific by 9.3% in the second quarter. Sawtooth Solutions LLC now owns 6,717 shares of the railroad operator’s stock worth $1,433,000 after buying an additional 574 shares during the period. Kesler Norman & Wride LLC boosted its position in shares of Union Pacific by 1.4% in the third quarter. Kesler Norman & Wride LLC now owns 29,591 shares of the railroad operator’s stock worth $5,765,000 after buying an additional 402 shares during the period. PFS Investments Inc. boosted its position in shares of Union Pacific by 10.5% in the second quarter. PFS Investments Inc. now owns 30,842 shares of the railroad operator’s stock worth $6,578,000 after buying an additional 2,919 shares during the period. Finally, James Hambro & Partners boosted its position in shares of Union Pacific by 6.9% in the second quarter. James Hambro & Partners now owns 301,951 shares of the railroad operator’s stock worth $64,414,000 after buying an additional 19,400 shares during the period. 77.27% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific

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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, and other agricultural users; petroleum, and liquid petroleum gases; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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Analyst Recommendations for Union Pacific (NYSE:UNP)

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