Union Pacific (NYSE:UNP) received a $150.00 price objective from investment analysts at Scotiabank in a report released on Thursday. The brokerage currently has a “hold” rating on the railroad operator’s stock. Scotiabank’s target price would indicate a potential upside of 6.37% from the stock’s previous close.
A number of other equities research analysts have also recently weighed in on UNP. Zacks Investment Research cut Union Pacific from a “hold” rating to a “sell” rating in a report on Saturday, January 6th. Daiwa Capital Markets raised Union Pacific from a “hold” rating to an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Union Pacific from $106.00 to $113.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a report on Friday, October 20th. Finally, Wolfe Research raised Union Pacific from a “market perform” rating to an “outperform” rating in a report on Friday, January 5th. Four investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $122.65.
Union Pacific (UNP) traded up $0.67 on Thursday, hitting $141.02. The stock had a trading volume of 1,339,591 shares, compared to its average volume of 5,399,663. The company has a market capitalization of $111,160.00, a PE ratio of 24.96, a PEG ratio of 1.97 and a beta of 0.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.16. Union Pacific has a 52 week low of $101.06 and a 52 week high of $141.40.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Gainplan LLC increased its holdings in shares of Union Pacific by 0.6% in the second quarter. Gainplan LLC now owns 2,230 shares of the railroad operator’s stock valued at $243,000 after buying an additional 13 shares in the last quarter. Advisors Management Group Inc. ADV increased its holdings in shares of Union Pacific by 0.5% in the second quarter. Advisors Management Group Inc. ADV now owns 3,330 shares of the railroad operator’s stock valued at $363,000 after buying an additional 17 shares in the last quarter. Highland Private Wealth Management increased its holdings in shares of Union Pacific by 0.9% in the second quarter. Highland Private Wealth Management now owns 1,996 shares of the railroad operator’s stock valued at $217,000 after buying an additional 18 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its holdings in shares of Union Pacific by 0.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 6,579 shares of the railroad operator’s stock valued at $716,000 after buying an additional 20 shares in the last quarter. Finally, Janney Capital Management LLC increased its holdings in shares of Union Pacific by 1.1% in the second quarter. Janney Capital Management LLC now owns 2,158 shares of the railroad operator’s stock valued at $235,000 after buying an additional 24 shares in the last quarter. 78.45% of the stock is currently owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: This story was published by American Banking and Market News and is the sole property of of American Banking and Market News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at https://www.americanbankingnews.com/2018/01/12/union-pacific-unp-pt-set-at-150-00-by-scotiabank.html.
Union Pacific 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.
