Union Pacific (NYSE:UNP) Stock Price Expected to Rise, Citigroup Analyst Says

Union Pacific (NYSE:UNP - Get Free Report) had its price target upped by research analysts at Citigroup from $244.00 to $270.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the railroad operator's stock. Citigroup's price objective would indicate a potential upside of 13.70% from the stock's current price.

Several other research analysts have also weighed in on UNP. Robert W. Baird started coverage on Union Pacific in a research report on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 target price on the stock. Susquehanna upgraded Union Pacific from a "neutral" rating to a "positive" rating and raised their target price for the stock from $245.00 to $260.00 in a research report on Tuesday, June 24th. Morgan Stanley cut their price objective on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating for the company in a research report on Monday. Jefferies Financial Group decreased their price objective on Union Pacific from $255.00 to $230.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Union Pacific in a research report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $256.21.

Union Pacific Stock Up 0.4%

Union Pacific stock traded up $0.92 during mid-day trading on Wednesday, hitting $237.46. The company had a trading volume of 1,149,150 shares, compared to its average volume of 3,013,089. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 1.91. The business has a fifty day moving average of $224.89 and a 200 day moving average of $230.99. Union Pacific has a 1 year low of $204.66 and a 1 year high of $258.07. The stock has a market cap of $141.88 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 2.36 and a beta of 1.05.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing the consensus estimate of $2.73 by ($0.03). The business had revenue of $6.03 billion during the quarter, compared to analysts' expectations of $6.11 billion. Union Pacific had a net margin of 27.76% and a return on equity of 40.80%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.69 EPS. On average, sell-side analysts expect that Union Pacific will post 11.99 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Highline Wealth Partners LLC lifted its holdings in shares of Union Pacific by 103.5% during the first quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC boosted its holdings in Union Pacific by 1,400.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock valued at $28,000 after acquiring an additional 112 shares during the last quarter. EnRich Financial Partners LLC bought a new position in Union Pacific in the fourth quarter valued at about $31,000. Financial Gravity Asset Management Inc. bought a new position in Union Pacific during the first quarter worth about $32,000. Finally, WPG Advisers LLC bought a new position in shares of Union Pacific during the 1st quarter valued at about $33,000. Institutional investors and hedge funds 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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