Union Pacific Corporation (NYSE:UNP)‘s stock had its “buy” rating reaffirmed by stock analysts at BMO Capital Markets in a report issued on Friday. They presently have a $123.00 price objective on the railroad operator’s stock. BMO Capital Markets’ target price suggests a potential upside of 8.47% from the stock’s previous close.

Several other brokerages have also weighed in on UNP. Stifel Nicolaus lifted their target price on shares of Union Pacific Corporation from $118.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, August 18th. Royal Bank Of Canada reiterated a “hold” rating and set a $115.00 target price on shares of Union Pacific Corporation in a research report on Friday, August 25th. BidaskClub lowered shares of Union Pacific Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Zacks Investment Research lowered shares of Union Pacific Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $120.00 target price on shares of Union Pacific Corporation in a research report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company’s stock. Union Pacific Corporation currently has a consensus rating of “Hold” and an average target price of $113.22.

Shares of Union Pacific Corporation (UNP) traded up 2.29% during midday trading on Friday, hitting $113.40. 8,251,178 shares of the stock were exchanged. Union Pacific Corporation has a 12-month low of $87.06 and a 12-month high of $115.15. The firm has a market cap of $90.76 billion, a P/E ratio of 20.57 and a beta of 0.81. The stock’s 50 day moving average is $104.68 and its 200 day moving average is $107.29.

Union Pacific Corporation (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 20th. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. The company had revenue of $5.25 billion for the quarter, compared to analyst estimates of $5.19 billion. Union Pacific Corporation had a net margin of 21.79% and a return on equity of 22.70%. The business’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. On average, equities research analysts forecast that Union Pacific Corporation will post $5.79 earnings per share for the current fiscal year.

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In other news, EVP Cameron A. Scott sold 17,604 shares of Union Pacific Corporation stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $107.60, for a total transaction of $1,894,190.40. Following the completion of the sale, the executive vice president now owns 95,470 shares in the company, valued at approximately $10,272,572. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Wallington Asset Management LLC grew its holdings in Union Pacific Corporation by 0.3% during the second quarter. Wallington Asset Management LLC now owns 88,899 shares of the railroad operator’s stock valued at $9,682,000 after purchasing an additional 280 shares during the period. Genesee Valley Trust Co. grew its holdings in Union Pacific Corporation by 21.5% during the first quarter. Genesee Valley Trust Co. now owns 9,725 shares of the railroad operator’s stock valued at $1,030,000 after purchasing an additional 1,724 shares during the period. United Bank Inc. grew its holdings in Union Pacific Corporation by 8.4% during the first quarter. United Bank Inc. now owns 44,499 shares of the railroad operator’s stock valued at $4,713,000 after purchasing an additional 3,444 shares during the period. Boston Advisors LLC grew its holdings in Union Pacific Corporation by 19.6% during the second quarter. Boston Advisors LLC now owns 446,672 shares of the railroad operator’s stock valued at $48,647,000 after purchasing an additional 73,268 shares during the period. Finally, British Columbia Investment Management Corp grew its holdings in Union Pacific Corporation by 5.9% during the first quarter. British Columbia Investment Management Corp now owns 535,806 shares of the railroad operator’s stock valued at $56,753,000 after purchasing an additional 29,645 shares during the period. Institutional investors own 78.56% of the company’s stock.

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)

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