Union Pacific (NYSE:UNP) Price Target Raised to $270.00

Union Pacific (NYSE:UNP - Get Free Report) had its price objective increased by investment analysts at Citigroup from $244.00 to $270.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the railroad operator's stock. Citigroup's price target indicates a potential upside of 13.96% from the company's previous close.

Other analysts also recently issued reports about the stock. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $263.00 price objective on shares of Union Pacific in a report on Monday, June 2nd. Redburn Atlantic raised shares of Union Pacific from a "neutral" rating to a "buy" rating and set a $259.00 price objective for the company in a report on Wednesday, April 16th. UBS Group lowered their price target on shares of Union Pacific from $255.00 to $245.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Stephens lowered their price target on shares of Union Pacific from $275.00 to $255.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. Finally, Bank of America boosted their price target on shares of Union Pacific from $256.00 to $262.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $256.21.

Union Pacific Price Performance

Shares of UNP traded up $0.38 during mid-day trading on Wednesday, reaching $236.92. 2,432,791 shares of the stock traded hands, compared to its average volume of 2,729,926. The firm has a fifty day moving average price of $225.31 and a 200 day moving average price of $231.03. The company has a market cap of $141.55 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 2.38 and a beta of 1.05. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 1.91. Union Pacific has a 1 year low of $204.66 and a 1 year high of $258.07.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The railroad operator reported $2.70 EPS for the quarter, missing analysts' consensus estimates of $2.73 by ($0.03). The firm had revenue of $6.03 billion for 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 revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $2.69 earnings per share. As a group, equities research analysts predict that Union Pacific will post 11.99 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Highline Wealth Partners LLC increased its position in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. CBIZ Investment Advisory Services LLC increased its position in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock valued at $28,000 after purchasing an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in shares of Union Pacific in the 1st quarter valued at approximately $32,000. EnRich Financial Partners LLC purchased a new stake in shares of Union Pacific in the 4th quarter valued at approximately $31,000. Finally, WPG Advisers LLC purchased a new stake in shares of Union Pacific in the 1st quarter valued at approximately $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.