Citigroup Issues Positive Forecast for Union Pacific (NYSE:UNP) Stock Price

Union Pacific (NYSE:UNP) had its target price upped by research analysts at Citigroup from $254.00 to $260.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the railroad operator’s stock. Citigroup’s price objective indicates a potential upside of 4.91% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Raymond James boosted their target price on Union Pacific from $260.00 to $265.00 and gave the company a “strong-buy” rating in a research note on Friday, January 10th. Wells Fargo & Company reduced their price objective on shares of Union Pacific from $267.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Barclays lifted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Stifel Nicolaus decreased their price target on shares of Union Pacific from $262.00 to $253.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Finally, Sanford C. Bernstein cut their price objective on Union Pacific from $277.00 to $272.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.55.

Union Pacific Trading Up 5.1 %

NYSE:UNP opened at $247.83 on Friday. The firm has a market capitalization of $150.25 billion, a P/E ratio of 22.76, a P/E/G ratio of 2.12 and a beta of 1.06. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The company has a fifty day moving average of $233.54 and a 200 day moving average of $239.16. Union Pacific has a 52 week low of $218.55 and a 52 week high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same quarter last year, the company earned $2.71 earnings per share. On average, research analysts predict that Union Pacific will post 10.96 earnings per share for the current year.

Hedge Funds Weigh In On Union Pacific

A number of hedge funds have recently bought and sold shares of the business. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Union Pacific during the 2nd quarter valued at about $28,000. Synergy Asset Management LLC purchased a new stake in Union Pacific in the fourth quarter worth approximately $29,000. Catalyst Capital Advisors LLC bought a new stake in Union Pacific in the 3rd quarter worth approximately $30,000. Jamison Private Wealth Management Inc. raised its stake in Union Pacific by 265.7% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock valued at $32,000 after buying an additional 93 shares during the last quarter. Finally, Peterson Financial Group Inc. bought a new position in shares of Union Pacific during the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.