BMO Capital Markets Reaffirms “Buy” Rating for Union Pacific (UNP)

Union Pacific (NYSE:UNP)‘s stock had its “buy” rating reaffirmed by research analysts at BMO Capital Markets in a research note issued to investors on Monday. They presently have a $150.00 price objective on the railroad operator’s stock. BMO Capital Markets’ price objective would indicate a potential upside of 6.43% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research upgraded Union Pacific from a “hold” rating to a “buy” rating and set a $130.00 price target on the stock in a research report on Wednesday, November 1st. Argus upped their price target on Union Pacific from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st. Barclays reiterated a “buy” rating and set a $150.00 price target on shares of Union Pacific in a research report on Wednesday, December 13th. UBS Group upgraded Union Pacific from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Finally, Morgan Stanley cut Union Pacific from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $102.00 to $100.00 in a research report on Monday, October 2nd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $121.21.

Shares of Union Pacific (UNP) traded down $0.06 during trading on Monday, reaching $140.94. The company had a trading volume of 1,992,865 shares, compared to its average volume of 5,096,783. Union Pacific has a fifty-two week low of $101.06 and a fifty-two week high of $141.17. The company has a market cap of $111,010.00, a PE ratio of 24.95, a P/E/G ratio of 1.97 and a beta of 0.90. The company has a quick ratio of 0.97, a current ratio of 1.16 and a debt-to-equity ratio of 0.83.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, October 26th. The railroad operator reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.49 by $0.01. Union Pacific had a return on equity of 23.35% and a net margin of 21.84%. The business had revenue of $5.41 billion for the quarter, compared to analysts’ expectations of $5.32 billion. During the same period in the previous year, the business posted $1.36 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. research analysts predict that Union Pacific will post 5.78 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of UNP. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in shares of Union Pacific by 46.6% during the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,070 shares of the railroad operator’s stock worth $117,000 after purchasing an additional 340 shares in the last quarter. Acrospire Investment Management LLC grew its holdings in shares of Union Pacific by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the railroad operator’s stock worth $131,000 after purchasing an additional 300 shares in the last quarter. Community Bank N.A. grew its holdings in shares of Union Pacific by 3.0% during the second quarter. Community Bank N.A. now owns 1,537 shares of the railroad operator’s stock worth $168,000 after purchasing an additional 45 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in shares of Union Pacific by 6.6% during the second quarter. Jacobi Capital Management LLC now owns 1,705 shares of the railroad operator’s stock worth $185,000 after purchasing an additional 105 shares in the last quarter. Finally, American National Bank grew its holdings in shares of Union Pacific by 24.4% during the second quarter. American National Bank now owns 1,782 shares of the railroad operator’s stock worth $194,000 after purchasing an additional 350 shares in the last quarter. 78.45% of the stock is owned by institutional investors.

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About Union Pacific

Union Pacific Corporation is a railroad operating company in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Its freight traffic consists of bulk, manifest, and premium business.

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