Barclays Increases Union Pacific (NYSE:UNP) Price Target to $270.00

Union Pacific (NYSE:UNP) had its target price raised by research analysts at Barclays from $260.00 to $270.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the railroad operator’s stock. Barclays‘s target price points to a potential upside of 14.89% from the stock’s previous close.

Several other research firms have also weighed in on UNP. Susquehanna raised Union Pacific from a “neutral” rating to a “positive” rating and increased their target price for the company from $245.00 to $260.00 in a research note on Tuesday, June 24th. Sanford C. Bernstein restated an “outperform” rating and issued a $271.00 price target (up from $267.00) on shares of Union Pacific in a research note on Tuesday. Argus upgraded Union Pacific to a “strong-buy” rating in a research note on Friday, May 16th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Friday, April 25th. Finally, UBS Group decreased their price target on Union Pacific from $255.00 to $245.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $256.63.

Union Pacific Stock Down 0.8%

UNP opened at $235.01 on Thursday. Union Pacific has a twelve month low of $204.66 and a twelve month high of $258.07. The firm has a market cap of $140.41 billion, a P/E ratio of 21.17, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The business has a 50 day moving average price of $226.11 and a 200 day moving average price of $231.14. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.61 and a current ratio of 0.73.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.73 by ($0.03). Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same quarter in the prior year, the firm posted $2.69 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. Research analysts forecast that Union Pacific will post 11.99 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Highline Wealth Partners LLC increased its holdings in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC boosted its position in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator’s stock worth $28,000 after purchasing an additional 112 shares in the last quarter. EnRich Financial Partners LLC acquired a new stake in Union Pacific during the 4th quarter worth about $31,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific during the 1st quarter valued at about $32,000. Finally, WPG Advisers LLC purchased a new position in shares of Union Pacific during the 1st quarter valued at about $33,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

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.