Citigroup Forecasts Strong Price Appreciation for Union Pacific (NYSE:UNP) Stock

Key Points

• Citigroup has raised its price target for Union Pacific stock from $263.00 to $265.00, indicating a potential upside of 20.43% from its current price.
• Union Pacific reported $3.08 earnings per share for the latest quarter, surpassing expectations and experiencing a 2.5% year-over-year increase in revenue.
• Analysts' ratings for Union Pacific include one Strong Buy, fifteen Buy, and eleven Hold ratings, with a consensus price target of $261.58.

Union Pacific (NYSE:UNP - Get Free Report) had its price target raised by Citigroup from $263.00 to $265.00 in a note issued to investors on Friday. The firm currently has a "buy" rating on the railroad operator's stock. Citigroup's target price would indicate a potential upside of 20.43% from the stock's current price.

Other research analysts have also recently issued research reports about the company. Morgan Stanley decreased their target price on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday, July 7th. Robert W. Baird assumed coverage on Union Pacific in a research note on Tuesday, July 1st. They set a "neutral" rating and a $231.00 target price for the company. Baird R W raised Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. Susquehanna reiterated a "positive" rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a research report on Thursday, September 25th. Finally, Barclays lowered Union Pacific from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Union Pacific has an average rating of "Moderate Buy" and a consensus price target of $261.58.

Union Pacific Trading Down 2.3%

NYSE:UNP opened at $220.05 on Friday. Union Pacific has a 1 year low of $204.66 and a 1 year high of $256.84. The stock has a market cap of $130.51 billion, a price-to-earnings ratio of 19.12, a PEG ratio of 2.34 and a beta of 1.07. The business has a fifty day moving average of $225.03 and a 200-day moving average of $224.22. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The railroad operator reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.09. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The company had revenue of $6.24 billion during the quarter, compared to analysts' expectations of $6.24 billion. During the same quarter in the prior year, the business posted $2.75 earnings per share. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. Equities analysts predict that Union Pacific will post 11.99 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in UNP. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Union Pacific by 1.1% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 82,963 shares of the railroad operator's stock worth $19,610,000 after acquiring an additional 924 shares during the period. Valmark Advisers Inc. increased its position in Union Pacific by 7.6% during the third quarter. Valmark Advisers Inc. now owns 11,673 shares of the railroad operator's stock worth $2,759,000 after acquiring an additional 828 shares during the period. Oregon Public Employees Retirement Fund increased its position in Union Pacific by 31.3% during the third quarter. Oregon Public Employees Retirement Fund now owns 67,761 shares of the railroad operator's stock worth $16,017,000 after acquiring an additional 16,158 shares during the period. Capital Investment Advisors LLC increased its position in Union Pacific by 6.1% during the third quarter. Capital Investment Advisors LLC now owns 11,485 shares of the railroad operator's stock worth $2,715,000 after acquiring an additional 664 shares during the period. Finally, Wingate Wealth Advisors Inc. increased its position in Union Pacific by 14.0% during the third quarter. Wingate Wealth Advisors Inc. now owns 1,307 shares of the railroad operator's stock worth $309,000 after acquiring an additional 161 shares during the period. 80.38% of the stock is owned by institutional investors.

Union Pacific Company Profile

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.

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