JPMorgan Chase & Co. Raises Union Pacific (NYSE:UNP) Price Target to $267.00

Key Points

• JPMorgan Chase & Co. has raised its price target for Union Pacific from $265.00 to $267.00, indicating a potential upside of 22.22% from the current stock price.
• Union Pacific's consensus ratings include one "Strong Buy," fifteen "Buy," and eleven "Hold" ratings, with a consensus price target of $261.67.
• In the latest quarterly earnings report, Union Pacific reported $3.08 EPS, exceeding the consensus estimate of $2.99, and showing a revenue increase of 2.5% year-over-year.

Union Pacific (NYSE:UNP - Get Free Report) had its target price upped by equities research analysts at JPMorgan Chase & Co. from $265.00 to $267.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a "neutral" rating on the railroad operator's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 22.22% from the stock's current price.

Other equities analysts have also issued reports about the company. Raymond James Financial restated a "strong-buy" rating on shares of Union Pacific in a research note on Tuesday, July 15th. The Goldman Sachs Group set a $263.00 price target on Union Pacific and gave the stock a "neutral" rating in a research report on Thursday. UBS Group set a $253.00 price objective on Union Pacific and gave the stock a "neutral" rating in a report on Friday, October 3rd. Royal Bank Of Canada raised their target price on Union Pacific from $257.00 to $276.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Finally, Argus lowered Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $261.67.

Union Pacific Price Performance

Shares of UNP opened at $218.47 on Friday. The firm has a market cap of $129.58 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07. Union Pacific has a 52-week low of $204.66 and a 52-week high of $256.84. The business's 50 day moving average price is $225.03 and its two-hundred day moving average price is $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 announced 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 business had revenue of $6.24 billion during the quarter, compared to the consensus estimate of $6.24 billion. During the same quarter in the prior year, the company posted $2.75 earnings per share. Union Pacific's revenue was up 2.5% compared to the same quarter last year. On average, equities analysts anticipate that Union Pacific will post 11.99 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Pines Wealth Management LLC lifted its holdings in Union Pacific by 1.7% during the second quarter. Pines Wealth Management LLC now owns 2,520 shares of the railroad operator's stock worth $595,000 after buying an additional 43 shares during the period. Titleist Asset Management LLC grew its position in Union Pacific by 1.1% during the 1st quarter. Titleist Asset Management LLC now owns 4,004 shares of the railroad operator's stock worth $946,000 after purchasing an additional 44 shares during the period. Five Oceans Advisors grew its position in Union Pacific by 3.9% during the 2nd quarter. Five Oceans Advisors now owns 1,183 shares of the railroad operator's stock worth $272,000 after purchasing an additional 44 shares during the period. Howard Capital Management Group LLC grew its position in shares of Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator's stock valued at $532,000 after acquiring an additional 45 shares during the period. Finally, St. Johns Investment Management Company LLC grew its position in shares of Union Pacific by 1.6% during the 2nd quarter. St. Johns Investment Management Company LLC now owns 3,012 shares of the railroad operator's stock valued at $693,000 after acquiring an additional 46 shares during the period. 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.

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