Union Pacific (UNP) Price Target Raised to $125.00 at Morgan Stanley

Union Pacific (NYSE:UNP) had its target price upped by investment analysts at Morgan Stanley from $105.00 to $125.00 in a research note issued to investors on Friday. The firm currently has an “equal weight” rating on the railroad operator’s stock. Morgan Stanley’s price objective points to a potential downside of 6.88% from the stock’s previous close.

A number of other equities analysts also recently commented on UNP. Citigroup downgraded shares of Union Pacific from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research note on Wednesday, October 4th. Aegis downgraded shares of Union Pacific from a “buy” rating to a “hold” rating and lifted their target price for the stock from $120.00 to $122.00 in a research note on Tuesday, October 10th. JPMorgan Chase & Co. boosted their price target on shares of Union Pacific from $106.00 to $113.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Off Wall Street initiated coverage on shares of Union Pacific in a research note on Tuesday, October 17th. They issued a “sell” rating on the stock. Finally, BMO Capital Markets reissued a “buy” rating on shares of Union Pacific in a research note on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the stock. Union Pacific has a consensus rating of “Hold” and a consensus target price of $129.15.

Shares of Union Pacific (UNP) traded up $0.63 during mid-day trading on Friday, reaching $134.23. 5,843,046 shares of the company’s stock were exchanged, compared to its average volume of 5,468,997. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83. Union Pacific has a one year low of $101.06 and a one year high of $143.05. The stock has a market capitalization of $105,330.00, a P/E ratio of 9.94, a PEG ratio of 1.87 and a beta of 0.90.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, January 25th. The railroad operator reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.54 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 $5.45 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period last year, the firm earned $1.39 earnings per share. Union Pacific’s revenue for the quarter was up 5.5% on a year-over-year basis. analysts anticipate that Union Pacific will post 5.79 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Union Pacific by 1.9% in the second quarter. Vanguard Group Inc. now owns 61,505,708 shares of the railroad operator’s stock valued at $6,698,588,000 after purchasing an additional 1,146,109 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Union Pacific by 0.3% in the second quarter. BlackRock Inc. now owns 50,764,821 shares of the railroad operator’s stock valued at $5,528,796,000 after purchasing an additional 141,521 shares in the last quarter. FMR LLC grew its holdings in shares of Union Pacific by 84.6% in the second quarter. FMR LLC now owns 9,603,068 shares of the railroad operator’s stock valued at $1,045,870,000 after purchasing an additional 4,399,980 shares in the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of Union Pacific by 0.6% in the second quarter. TIAA CREF Investment Management LLC now owns 7,948,391 shares of the railroad operator’s stock valued at $865,659,000 after purchasing an additional 46,298 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of Union Pacific by 0.7% in the second quarter. Capital World Investors now owns 7,328,002 shares of the railroad operator’s stock valued at $798,093,000 after purchasing an additional 50,000 shares in the last quarter. Hedge funds and other institutional investors own 78.56% 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.