Union Pacific Receives Outperform Rating from Credit Suisse (UNP)
Union Pacific (NYSE:UNP)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Monday. They currently have a $119.00 price objective on the stock, up from their previous price objective of $115.00. Credit Suisse’s target price would suggest a potential upside of 16.68% from the company’s current price.
The analysts wrote, “We have raised our FY14 EPS forecast to $5.59 from $5.56. We have also raised our FY15 and FY16 EPS estimates to $6.54 and $7.46 from $6.48 and $7.38, respectively. Our TP rises to $119 from $115, primarily due to a higher base year EBIT. Reiterate Outperform.”
UNP has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Friday, July 25th. They now have a $116.00 price target on the stock, up previously from $115.00. Four investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $112.89.
Union Pacific (NYSE:UNP) opened at 101.99 on Monday. Union Pacific has a 1-year low of $74.615 and a 1-year high of $103.25. The stock’s 50-day moving average is $100.2 and its 200-day moving average is $95.6. The company has a market cap of $91.529 billion and a P/E ratio of 19.83.
Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, July 24th. The company reported $1.43 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $2.37 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Analysts expect that Union Pacific will post $5.54 EPS for the current fiscal year.
Union Pacific Corporation (NYSE:UNP) owns transportation companies.
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