Loop Capital Raises Union Pacific Corporation (UNP) Price Target to $120.00

Union Pacific Corporation (NYSE:UNP) had its price target hoisted by analysts at Loop Capital from $118.00 to $120.00 in a research report issued to clients and investors on Monday, October 30th. The firm currently has a “hold” rating on the railroad operator’s stock. Loop Capital’s price objective suggests a potential upside of 3.24% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Citigroup Inc. reissued a “buy” rating and issued a $120.00 price target on shares of Union Pacific Corporation in a research report on Monday, July 10th. Zacks Investment Research cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and set a $102.00 price objective (up from $100.00) on shares of Union Pacific Corporation in a research report on Monday, July 10th. Aegis cut shares of Union Pacific Corporation from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $120.00 to $122.00 in a research report on Tuesday, October 10th. Finally, Off Wall Street assumed coverage on shares of Union Pacific Corporation in a research report on Tuesday, October 17th. They set a “sell” rating for the company. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $117.59.

Union Pacific Corporation (NYSE UNP) opened at $116.23 on Monday. The firm has a market cap of $91,862.59, a PE ratio of 20.62, a P/E/G ratio of 1.89 and a beta of 0.87. Union Pacific Corporation has a 12 month low of $97.48 and a 12 month high of $119.71. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.

Union Pacific Corporation (NYSE:UNP) last announced its quarterly earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.01. The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.32 billion. Union Pacific Corporation had a net margin of 21.84% and a return on equity of 23.35%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.36 EPS. equities analysts anticipate that Union Pacific Corporation will post 5.78 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://ledgergazette.com/2017/11/15/union-pacific-corporation-unp-price-target-raised-to-120-00-at-loop-capital.html.

Hedge funds have recently modified their holdings of the stock. Advantage Investment Management LLC increased its position in Union Pacific Corporation by 263.7% during the first quarter. Advantage Investment Management LLC now owns 953 shares of the railroad operator’s stock worth $101,000 after purchasing an additional 691 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its position in shares of Union Pacific Corporation by 96.3% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,021 shares of the railroad operator’s stock worth $108,000 after acquiring an additional 501 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Union Pacific Corporation by 36.3% in the first quarter. Proficio Capital Partners LLC now owns 1,028 shares of the railroad operator’s stock valued at $111,000 after purchasing an additional 274 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of Union Pacific Corporation by 46.6% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after purchasing an additional 340 shares during the period. Finally, SRS Capital Advisors Inc. boosted its stake in shares of Union Pacific Corporation by 147.2% in the first quarter. SRS Capital Advisors Inc. now owns 1,152 shares of the railroad operator’s stock valued at $122,000 after purchasing an additional 686 shares during the period. 79.66% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Corporation Company Profile

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

Analyst Recommendations for Union Pacific Corporation (NYSE:UNP)

Receive News & Ratings for Union Pacific Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply