Union Pacific Hits New 1-Year High at $104.07 (UNP)
Shares of Union Pacific (NYSE:UNP) hit a new 52-week high on Monday , Analyst Ratings Net reports. The company traded as high as $104.07 and last traded at $103.77, with a volume of 1,820,776 shares changing hands. The stock had previously closed at $101.99.
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Union Pacific in a research note on Monday. They now have a $119.00 price target on the stock, up previously from $115.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Union Pacific in a research note on Wednesday, August 13th. They now have a $105.00 price target on the stock. Finally, analysts at Macquarie upgraded shares of Union Pacific from a “neutral” rating to an “outperform” rating in a research note on Tuesday, August 12th. They now have a $119.00 price target on the stock, up previously from $108.00. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $112.89.
The stock has a 50-day moving average of $100.2 and a 200-day moving average of $95.6. The company has a market cap of $93.171 billion and a P/E ratio of 19.88.
Union Pacific (NYSE:UNP) last released its earnings data on Thursday, July 24th. The company reported $1.43 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.43. The company had revenue of $6.00 billion for the quarter, compared to the consensus estimate of $6.00 billion. During the same quarter last year, the company posted $2.37 earnings per share. Union Pacific’s revenue was up 10.0% compared to the same quarter last year. On average, analysts predict that Union Pacific will post $5.54 earnings per share for the current fiscal year.
Union Pacific Corporation (NYSE:UNP) owns transportation companies.
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