Wells Fargo & Company Lowers Union Pacific (NYSE:UNP) Price Target to $265.00

Union Pacific (NYSE:UNP) had its price target lowered by equities research analysts at Wells Fargo & Company from $267.00 to $265.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the railroad operator’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 14.43% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. BMO Capital Markets reduced their target price on shares of Union Pacific from $280.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, September 20th. Citigroup boosted their price objective on shares of Union Pacific from $255.00 to $267.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th. Barclays increased their target price on shares of Union Pacific from $275.00 to $285.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 13th. Benchmark reiterated a “buy” rating and issued a $266.00 price target on shares of Union Pacific in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. reduced their price target on Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $260.30.

Union Pacific Stock Performance

NYSE UNP opened at $231.58 on Tuesday. Union Pacific has a 52-week low of $218.55 and a 52-week high of $258.66. The stock has a market cap of $140.40 billion, a PE ratio of 21.27, a P/E/G ratio of 2.33 and a beta of 1.06. The firm has a 50-day moving average of $234.80 and a 200-day moving average of $238.68. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.63 and a current ratio of 0.77.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.78 by ($0.03). The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.51 EPS. On average, sell-side analysts anticipate that Union Pacific will post 10.94 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Strategic Investment Solutions Inc. IL bought a new stake in Union Pacific during the 2nd quarter worth $28,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Union Pacific during the third quarter valued at about $30,000. Jamison Private Wealth Management Inc. grew its holdings in shares of Union Pacific by 265.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 128 shares of the railroad operator’s stock worth $32,000 after purchasing an additional 93 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of Union Pacific during the second quarter worth about $31,000. Finally, Dunhill Financial LLC increased its stake in shares of Union Pacific by 111.5% in the third quarter. Dunhill Financial LLC now owns 129 shares of the railroad operator’s stock valued at $32,000 after buying an additional 68 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.