Union Pacific (NYSE:UNP) received a $175.00 price target from analysts at Scotiabank in a report issued on Friday. The brokerage presently has a “buy” rating on the railroad operator’s stock. Scotiabank’s price target would suggest a potential upside of 22.60% from the stock’s current price.
A number of other brokerages have also recently weighed in on UNP. Bank of America raised their price objective on Union Pacific from $175.00 to $177.00 and gave the company a “buy” rating in a report on Monday, October 1st. Morgan Stanley raised their price objective on Union Pacific from $140.00 to $141.00 and gave the company a “hold” rating in a report on Tuesday, October 9th. ValuEngine raised Union Pacific from a “hold” rating to a “buy” rating in a report on Tuesday, September 18th. Wolfe Research set a $185.00 price objective on Union Pacific and gave the company a “buy” rating in a report on Tuesday, September 18th. Finally, BMO Capital Markets lifted their price target on Union Pacific to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, September 20th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $161.44.
Shares of NYSE UNP opened at $142.74 on Friday. The stock has a market cap of $106.60 billion, a P/E ratio of 24.65, a PEG ratio of 1.73 and a beta of 0.81. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.85 and a current ratio of 1.06. Union Pacific has a 1-year low of $115.16 and a 1-year high of $165.63.
In other news, EVP Lynden L. Tennison sold 8,450 shares of Union Pacific stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $151.72, for a total value of $1,282,034.00. Following the sale, the executive vice president now directly owns 53,978 shares in the company, valued at approximately $8,189,542.16. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Robert M. Knight, Jr. sold 20,000 shares of Union Pacific stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $163.81, for a total value of $3,276,200.00. Following the completion of the sale, the executive vice president now owns 106,518 shares in the company, valued at $17,448,713.58. The disclosure for this sale can be found here. 0.20% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the company. Lenox Wealth Advisors LLC bought a new stake in shares of Union Pacific in the 2nd quarter worth approximately $105,000. Landaas & Co. WI ADV bought a new stake in shares of Union Pacific during the second quarter valued at approximately $133,000. grace capital bought a new stake in shares of Union Pacific during the second quarter valued at approximately $142,000. Exane Derivatives boosted its position in shares of Union Pacific by 85.1% during the second quarter. Exane Derivatives now owns 1,096 shares of the railroad operator’s stock valued at $155,000 after purchasing an additional 504 shares in the last quarter. Finally, Brand Asset Management Group Inc. bought a new stake in shares of Union Pacific during the second quarter valued at approximately $169,000. Hedge funds and other institutional investors own 80.50% of the company’s stock.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. It offers transportation services for agricultural products, including grains, commodities produced from grains, and food and beverage products; automotive, such as finished vehicles and automotive parts; and chemicals comprising industrial chemicals, plastics, fertilizers, petroleum and liquid petroleum gases, crude oil, and soda ash.
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