Union Pacific (UNP) Now Covered by Analysts at Goldman Sachs Group

Equities research analysts at Goldman Sachs Group started coverage on shares of Union Pacific (NYSE:UNP) in a research report issued on Monday, November 13th, Marketbeat reports. The firm set a “sell” rating and a $103.00 price target on the railroad operator’s stock. Goldman Sachs Group’s price target suggests a potential downside of 23.19% from the stock’s current price.

Several other brokerages also recently weighed in on UNP. UBS Group boosted their target price on Union Pacific from $115.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, October 27th. Loop Capital boosted their target price on Union Pacific from $118.00 to $120.00 and gave the stock a “hold” rating in a research note on Monday, October 30th. Royal Bank of Canada restated a “hold” rating and set a $124.00 target price on shares of Union Pacific in a research note on Thursday, November 9th. BMO Capital Markets boosted their target price on Union Pacific from $123.00 to $127.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. Finally, Morgan Stanley boosted their target price on Union Pacific from $100.00 to $104.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $120.00.

Shares of Union Pacific (NYSE:UNP) traded down $1.02 during mid-day trading on Monday, reaching $134.10. The company had a trading volume of 2,297,197 shares, compared to its average volume of 4,841,159. Union Pacific has a 1 year low of $101.06 and a 1 year high of $136.32. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. The stock has a market cap of $105,559.37, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 2.17 and a beta of 0.90.

Union Pacific (NYSE:UNP) last announced its earnings results on Thursday, October 26th. The railroad operator reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.32 billion. During the same period in the previous year, the business earned $1.36 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. sell-side analysts predict that Union Pacific will post 5.78 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the business. LS Investment Advisors LLC boosted its position in shares of Union Pacific by 5.2% during the first quarter. LS Investment Advisors LLC now owns 27,842 shares of the railroad operator’s stock worth $2,949,000 after buying an additional 1,368 shares during the period. Benjamin F. Edwards & Company Inc. boosted its position in shares of Union Pacific by 49.3% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 10,525 shares of the railroad operator’s stock worth $1,115,000 after buying an additional 3,475 shares during the period. Swiss National Bank boosted its position in shares of Union Pacific by 25.9% during the first quarter. Swiss National Bank now owns 2,920,172 shares of the railroad operator’s stock worth $309,305,000 after buying an additional 600,300 shares during the period. Flossbach Von Storch AG boosted its position in shares of Union Pacific by 23.4% during the first quarter. Flossbach Von Storch AG now owns 177,550 shares of the railroad operator’s stock worth $18,806,000 after buying an additional 33,650 shares during the period. Finally, World Asset Management Inc boosted its position in shares of Union Pacific by 9.7% during the first quarter. World Asset Management Inc now owns 86,799 shares of the railroad operator’s stock worth $9,194,000 after buying an additional 7,642 shares during the period. Institutional investors and hedge funds own 78.43% of the company’s stock.

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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.

Analyst Recommendations for Union Pacific (NYSE:UNP)