Union Pacific (NYSE:UNP) Given New $333.00 Price Target at Susquehanna

Key Points

• Susquehanna lowered Union Pacific’s price target from $345 to $333 while maintaining a positive rating, implying approximately 22.3% upside from the $272.24 share price.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $327; UBS also upgraded the stock to “Buy” and raised its target to $339.
• Union Pacific exceeded quarterly expectations, reporting $3.41 in EPS versus the $3.26 consensus and $6.86 billion in revenue, up 11.5% year over year.

Union Pacific (NYSE:UNP - Get Free Report) had its price target decreased by stock analysts at Susquehanna from $345.00 to $333.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a "positive" rating on the railroad operator's stock. Susquehanna's price target points to a potential upside of 22.32% from the company's current price.

A number of other analysts also recently commented on the company. UBS Group upgraded Union Pacific from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $310.00 to $339.00 in a research report on Wednesday, September 16th. The Goldman Sachs Group set a $317.00 price objective on shares of Union Pacific and gave the stock a "neutral" rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. raised their target price on shares of Union Pacific from $304.00 to $334.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Union Pacific in a report on Monday, July 13th. Finally, Evercore restated an "outperform" rating and set a $294.00 price objective on shares of Union Pacific in a research report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $327.00.

Union Pacific Trading Up 0.0%

Shares of Union Pacific stock opened at $272.24 on Friday. The company has a 50-day moving average of $290.87 and a two-hundred day moving average of $273.61. Union Pacific has a 12-month low of $215.53 and a 12-month high of $315.99. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The stock has a market cap of $161.73 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 2.71 and a beta of 0.95.

Union Pacific (NYSE:UNP - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping the consensus estimate of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company's quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.03 EPS. On average, research analysts anticipate that Union Pacific will post 13.01 EPS for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

A number of large investors have recently bought and sold shares of UNP. Cornerstone Financial Management LLC purchased a new stake in Union Pacific during the fourth quarter valued at about $27,000. Scarborough Advisors LLC purchased a new position in shares of Union Pacific in the 1st quarter valued at $27,000. Merkkuri Wealth Advisors LLC purchased a new stake in Union Pacific during the 1st quarter worth $29,000. Wiser Advisor Group LLC acquired a new stake in Union Pacific in the 2nd quarter valued at $30,000. Finally, Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Union Pacific during the second quarter worth about $34,000. Hedge funds and other institutional investors own 80.38% of the company's stock.

About Union Pacific

Union Pacific Corporation NYSE: UNP is a freight railroad company that operates one of the largest rail networks in North America. Through its principal subsidiary, Union Pacific Railroad, the company provides transportation services for businesses across the western two-thirds of the United States.

Union Pacific transports a broad range of commodities and manufactured goods, including agricultural products, automotive vehicles and parts, chemicals, coal, industrial products, forest products, and intermodal containers.

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