Union Pacific (NYSE:UNP) PT Set at $270.00 by Raymond James Financial

Union Pacific (NYSE:UNP) has been assigned a $270.00 price objective by equities researchers at Raymond James Financial in a report issued on Tuesday, MarketBeat reports. The brokerage presently has a “strong-buy” rating on the railroad operator’s stock. Raymond James Financial’s target price would indicate a potential upside of 16.84% from the company’s current price.

A number of other brokerages also recently commented on UNP. Jefferies Financial Group reduced their price objective on Union Pacific from $255.00 to $230.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Redburn Atlantic upgraded Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 target price for the company in a research note on Wednesday, April 16th. Sanford C. Bernstein reiterated an “outperform” rating and set a $271.00 price target (up previously from $267.00) on shares of Union Pacific in a research note on Tuesday, July 8th. Susquehanna raised shares of Union Pacific from a “neutral” rating to a “positive” rating and boosted their price target for the company from $245.00 to $260.00 in a report on Tuesday, June 24th. Finally, Wells Fargo & Company dropped their price objective on shares of Union Pacific from $265.00 to $260.00 and set an “overweight” rating for the company in a research note on Thursday, March 27th. 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 stock. Based on data from MarketBeat.com, Union Pacific currently has a consensus rating of “Moderate Buy” and an average price target of $257.13.

Union Pacific Price Performance

NYSE:UNP opened at $231.09 on Tuesday. The company has a debt-to-equity ratio of 1.91, a current ratio of 0.73 and a quick ratio of 0.61. Union Pacific has a one year low of $204.66 and a one year high of $258.07. The company has a fifty day moving average price of $227.14 and a 200 day moving average price of $231.18. The stock has a market cap of $138.07 billion, a P/E ratio of 20.82, a PEG ratio of 2.32 and a beta of 1.05.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, April 24th. The railroad operator reported $2.70 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 company had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.11 billion. During the same period in the prior year, the company posted $2.69 EPS. The firm’s quarterly revenue was down .1% on a year-over-year basis. Analysts anticipate that Union Pacific will post 11.99 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Highline Wealth Partners LLC lifted its position in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator’s stock valued at $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC raised 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 valued at $28,000 after acquiring an additional 112 shares during the period. EnRich Financial Partners LLC acquired a new stake in shares of Union Pacific in the 4th quarter valued at approximately $31,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Union Pacific in the 1st quarter valued at approximately $32,000. Finally, WPG Advisers LLC acquired a new stake in shares of Union Pacific in the 1st quarter valued at approximately $33,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

About Union Pacific

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.