Union Pacific (NYSE:UNP) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Monday. The brokerage currently has a $157.00 target price on the railroad operator’s stock. Zacks Investment Research‘s target price would suggest a potential upside of 11.21% from the company’s previous close.

According to Zacks, “Shares of Union Pacific have outperformed its industry as well as fellow railroad operator Norfolk Southern Corporation over the last six months. While Union Pacific has gained 29.5%, the industry it belongs to and Norfolk Southern have rallied 15.5% and 25%, respectively, in the same time period. We expect volume growth to aid Union Pacific's results in the fourth quarter of 2017. Key segments like intermodal and chemicals should drive growth. Detailed results should be out on Jan 25. The company's efforts to reward shareholders through share buybacks and dividend payouts are also impressive. Its efforts to cut costs to drive its bottom line are encouraging too. The positive sentiment surrounding the stock can be made out from the fact that the Zacks Consensus Estimate for fourth-quarter earnings has been revised 0.7% upward over the last 60 days. However, declining automotive volumes and high debt levels are concerning.”

Several other equities research analysts also recently commented on the stock. Scotiabank set a $150.00 target price on shares of Union Pacific and gave the company a “hold” rating in a research note on Thursday. Daiwa Capital Markets upgraded shares of Union Pacific from a “hold” rating to an “outperform” rating in a research note on Thursday. BMO Capital Markets restated a “buy” rating and issued a $150.00 target price on shares of Union Pacific in a research note on Monday, January 8th. UBS Group upgraded shares of Union Pacific from a “neutral” rating to a “buy” rating in a research note on Friday, January 5th. Finally, Wolfe Research upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $124.00.

Shares of Union Pacific (NYSE UNP) opened at $141.17 on Monday. Union Pacific has a 52 week low of $101.06 and a 52 week high of $141.81. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. The company has a market cap of $111,124.61, a price-to-earnings ratio of 24.94, a PEG ratio of 1.90 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, October 26th. The railroad operator reported $1.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a net margin of 21.84% and a return on equity of 23.35%. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same quarter in the previous year, the company earned $1.36 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. sell-side analysts expect that Union Pacific will post 5.79 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the business. Pathstone Family Office LLC raised its holdings in Union Pacific by 41.3% during the 2nd quarter. Pathstone Family Office LLC now owns 178 shares of the railroad operator’s stock worth $2,304,000 after purchasing an additional 52 shares during the last quarter. Acropolis Investment Management LLC bought a new stake in Union Pacific during the 4th quarter worth about $107,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in shares of Union Pacific by 46.6% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock valued at $117,000 after acquiring an additional 340 shares during the last quarter. Acrospire Investment Management LLC increased its stake in shares of Union Pacific by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock valued at $131,000 after acquiring an additional 300 shares during the last quarter. Finally, Community Bank N.A. increased its stake in shares of Union Pacific by 3.0% in the 2nd quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock valued at $168,000 after acquiring an additional 45 shares during the last quarter. 78.47% of the stock is owned by hedge funds and other institutional investors.

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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.

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