Union Pacific (NYSE:UNP) Price Target Increased to $222.00 by Analysts at Cowen

Union Pacific (NYSE:UNP – Get Rating) had its target price lifted by research analysts at Cowen from $213.00 to $222.00 in a research note issued on Wednesday, The Fly reports. Cowen’s price objective suggests a potential upside of 9.26% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Union Pacific from $219.00 to $217.00 and set a “neutral” rating for the company in a research report on Friday, October 21st. Evercore ISI upgraded Union Pacific from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $204.00 to $232.00 in a research note on Tuesday, December 20th. Morgan Stanley increased their price objective on Union Pacific from $177.00 to $179.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 11th. Citigroup decreased their target price on Union Pacific from $210.00 to $207.00 and set a “neutral” rating on the stock in a report on Friday, October 21st. Finally, Susquehanna raised their price target on Union Pacific from $215.00 to $218.00 in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific presently has an average rating of “Hold” and a consensus price target of $218.25.

Union Pacific Price Performance

Shares of Union Pacific stock opened at $203.18 on Wednesday. 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 company’s 50-day moving average price is $211.00 and its two-hundred day moving average price is $212.97. Union Pacific has a 52 week low of $183.48 and a 52 week high of $278.94. The stock has a market cap of $124.92 billion, a PE ratio of 18.12, 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 data on Tuesday, January 24th. The railroad operator reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.77 by ($0.10). Union Pacific had a return on equity of 56.68% and a net margin of 28.95%. The company had revenue of $6.18 billion for the quarter, compared to analyst estimates of $6.26 billion. During the same quarter in the previous year, the firm posted $2.66 EPS. Union Pacific’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Union Pacific will post 11.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Union Pacific

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in Union Pacific by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 54,349,188 shares of the railroad operator’s stock valued at $10,588,308,000 after purchasing an additional 511,696 shares during the period. FMR LLC raised its stake in Union Pacific by 3.1% during the 2nd quarter. FMR LLC now owns 7,375,359 shares of the railroad operator’s stock valued at $1,573,016,000 after buying an additional 223,054 shares during the last quarter. Legal & General Group Plc raised its stake in Union Pacific by 2.0% during the 2nd quarter. Legal & General Group Plc now owns 5,585,167 shares of the railroad operator’s stock valued at $1,191,205,000 after buying an additional 107,715 shares during the last quarter. TCI Fund Management Ltd. increased its stake in shares of Union Pacific by 5.4% in the 3rd quarter. TCI Fund Management Ltd. now owns 5,534,098 shares of the railroad operator’s stock worth $1,078,153,000 after purchasing an additional 281,950 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of Union Pacific by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 5,386,861 shares of the railroad operator’s stock worth $1,049,468,000 after purchasing an additional 128,338 shares in the last quarter. Institutional investors own 77.27% of the company’s stock.

About Union Pacific

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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.