Union Pacific (NYSE:UNP) Price Target Cut to $191.00 by Analysts at Royal Bank of Canada

Union Pacific (NYSE:UNPGet Rating) had its price objective dropped by investment analysts at Royal Bank of Canada from $200.00 to $191.00 in a research note issued on Wednesday, The Fly reports. Royal Bank of Canada’s price objective suggests a potential downside of 4.96% from the stock’s previous close.

UNP has been the subject of several other research reports. Evercore ISI raised Union Pacific from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $204.00 to $232.00 in a research note on Tuesday, December 20th. Credit Suisse Group lowered their price objective on Union Pacific from $244.00 to $232.00 and set an “outperform” rating for the company in a research note on Friday, October 21st. Argus lowered their price objective on Union Pacific from $275.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 21st. Raymond James upped their price objective on Union Pacific from $220.00 to $244.00 and gave the company a “strong-buy” rating in a research note on Wednesday, January 18th. Finally, The Goldman Sachs Group upped their price objective on Union Pacific from $219.00 to $225.00 in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Union Pacific currently has an average rating of “Hold” and a consensus target price of $218.42.

Union Pacific Stock Down 1.1 %

UNP stock opened at $200.97 on Wednesday. The company has a market cap of $123.56 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 1.80 and a beta of 1.12. The business has a 50-day simple moving average of $211.00 and a 200 day simple moving average of $212.97. Union Pacific has a 52 week low of $183.70 and a 52 week high of $278.94. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 2.70.

Union Pacific (NYSE:UNPGet Rating) last posted its quarterly earnings results on Tuesday, January 24th. The railroad operator reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $2.77 by ($0.10). The company had revenue of $6.18 billion during the quarter, compared to analyst estimates of $6.26 billion. Union Pacific had a net margin of 28.95% and a return on equity of 56.68%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $2.66 EPS. Sell-side analysts anticipate that Union Pacific will post 11.47 EPS for the current fiscal year.

Hedge Funds Weigh In On Union Pacific

A number of institutional investors have recently modified their holdings of UNP. Tyler Stone Wealth Management raised its position in shares of Union Pacific by 85.5% during the second quarter. Tyler Stone Wealth Management now owns 128 shares of the railroad operator’s stock worth $27,000 after purchasing an additional 59 shares during the period. Enterprise Trust & Investment Co purchased a new stake in Union Pacific in the 2nd quarter valued at $29,000. Legacy CG LLC purchased a new stake in Union Pacific in the 2nd quarter valued at $32,000. Janiczek Wealth Management LLC raised its position in Union Pacific by 722.2% in the 2nd quarter. Janiczek Wealth Management LLC now owns 148 shares of the railroad operator’s stock valued at $34,000 after buying an additional 130 shares during the last quarter. Finally, Castle Wealth Management LLC purchased a new stake in Union Pacific in the 2nd quarter valued at $36,000. 77.27% of the stock is owned by institutional investors and hedge funds.

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.

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