Union Pacific (NYSE:UNP) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Union Pacific (NYSE:UNP) had its price objective hoisted by stock analysts at Royal Bank Of Canada from $257.00 to $276.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the railroad operator’s stock. Royal Bank Of Canada’s price target points to a potential upside of 24.24% from the company’s current price.

Several other equities research analysts also recently commented on UNP. Baird R W raised shares of Union Pacific to a “hold” rating in a research note on Tuesday, July 1st. Barclays boosted their price target on shares of Union Pacific from $260.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Redburn Atlantic upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating and set a $259.00 price objective for the company in a research report on Wednesday, April 16th. Sanford C. Bernstein lifted their target price on Union Pacific from $271.00 to $286.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, July 15th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and an average target price of $258.21.

Union Pacific Trading Down 1.4%

NYSE UNP opened at $222.16 on Wednesday. Union Pacific has a 12 month low of $204.66 and a 12 month high of $258.07. The stock has a 50-day simple moving average of $227.09 and a 200 day simple moving average of $230.93. The company has a current ratio of 0.65, a quick ratio of 0.53 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $131.75 billion, a PE ratio of 19.30, a P/E/G ratio of 2.30 and a beta of 1.05.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 24th. The railroad operator reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.19. The company had revenue of $6.15 billion during the quarter, compared to analyst estimates of $6.09 billion. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.74 EPS. Research analysts forecast that Union Pacific will post 11.99 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in UNP. Nuveen LLC bought a new stake in Union Pacific during the first quarter worth $988,822,000. GAMMA Investing LLC increased its stake in shares of Union Pacific by 27,502.8% during the 1st quarter. GAMMA Investing LLC now owns 2,491,151 shares of the railroad operator’s stock worth $588,510,000 after purchasing an additional 2,482,126 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of Union Pacific by 14.3% in the 4th quarter. Capital Research Global Investors now owns 10,395,364 shares of the railroad operator’s stock valued at $2,370,559,000 after purchasing an additional 1,298,178 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Union Pacific by 35.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,968,658 shares of the railroad operator’s stock valued at $1,133,053,000 after purchasing an additional 1,294,643 shares during the last quarter. Finally, Castlekeep Investment Advisors LLC acquired a new stake in Union Pacific in the 4th quarter valued at about $273,361,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

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.