Union Pacific (NYSE:UNP) Price Target Cut to $245.00 by Analysts at BMO Capital Markets

Union Pacific (NYSE:UNP – Get Rating) had its price objective lowered by equities research analysts at BMO Capital Markets from $250.00 to $245.00 in a note issued to investors on Wednesday, The Fly reports. BMO Capital Markets’ price objective would indicate a potential upside of 23.42% from the stock’s previous close.

A number of other equities analysts have also weighed in on UNP. The Goldman Sachs Group boosted their price target on shares of Union Pacific from $219.00 to $225.00 in a research report on Tuesday. Benchmark decreased their target price on shares of Union Pacific to $220.00 in a report on Thursday, October 13th. Credit Suisse Group decreased their target price on shares of Union Pacific from $244.00 to $232.00 and set an “outperform” rating on the stock in a report on Friday, October 21st. Evercore ISI upgraded shares of Union Pacific from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $204.00 to $232.00 in a report on Tuesday, December 20th. Finally, Cowen boosted their target price on shares of Union Pacific from $213.00 to $222.00 in a report on Wednesday. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Union Pacific currently has a consensus rating of “Hold” and an average price target of $219.48.

Union Pacific Stock Performance

UNP traded down $4.67 on Wednesday, reaching $198.51. The stock had a trading volume of 943,857 shares, compared to its average volume of 2,513,747. Union Pacific has a 12-month low of $183.70 and a 12-month high of $278.94. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 2.70. The business’s 50-day moving average price is $211.00 and its two-hundred day moving average price is $212.97. The company has a market cap of $122.04 billion, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 1.80 and a beta of 1.12.

Union Pacific (NYSE:UNP – Get Rating) last posted its quarterly earnings results on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates of $2.75 by ($0.08). The business had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.66 earnings per share. Sell-side analysts forecast that Union Pacific will post 11.47 earnings per share for the current year.

Institutional Investors Weigh In On Union Pacific

Several large investors have recently added to or reduced their stakes in UNP. Tyler Stone Wealth Management increased its stake in Union Pacific by 85.5% during the 2nd quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock worth $27,000 after buying an additional 59 shares during the period. Enterprise Trust & Investment Co purchased a new stake in Union Pacific during the 2nd quarter worth approximately $29,000. Legacy CG LLC purchased a new stake in Union Pacific during the 2nd quarter worth approximately $32,000. Janiczek Wealth Management LLC increased its stake in Union Pacific by 722.2% during the 2nd quarter. Janiczek Wealth Management LLC now owns 148 shares of the railroad operator’s stock worth $34,000 after buying an additional 130 shares during the period. Finally, Castle Wealth Management LLC purchased a new stake in shares of Union Pacific in the 2nd quarter valued at approximately $36,000. 77.27% of the stock is owned by hedge funds and other institutional investors.

Union Pacific Company Profile

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Union Pacific Corp. engages in the provision of railroad and freight transportation services. Its principal operating company, Union Pacific Railroad Co, operates as a railroad franchise. The Railroad’s diversified business mix includes agricultural products, automotive, chemicals, coal, industrial products, and intermodal.