Recent Research Analysts’ Ratings Updates for Union Pacific (UNP)
Union Pacific (NYSE: UNP) received a number of price target changes and ratings updates during the last week:
- Union Pacific had its “overweight” rating reaffirmed by analysts at Barclays Capital. They now have a $145.00 price target on the stock.
- Union Pacific had its price target raised by analysts at Goldman Sachs from $128.00 to $130.00. They now have a “neutral” rating on the stock. They wrote, “Even UNP, after handily topping 2Q12 estimates, does not look immune to weakening traffic trends and rising diesel prices which are up 13% from the summer lows in early July. After reducing our 3Q EPS estimate, we still expect UP to report healthy 13% yoy net income growth driven by the twin tailwinds from legacy re-pricing, which is still lapping easy 2011 comps, and robust shale to rail volumes. The valuation has fallen to the two-year average of 13.1X NTM consensus and does not appear overly demanding. However, we see greater upside potential in Buy-rated CP.TO, CSX, and NSC. Thus, we maintain our Neutral rating on UNP stock.”
- Union Pacific had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a $140.00 price target on the stock.
- Union Pacific had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co..
- Union Pacific had its “market perform” rating reaffirmed by analysts at JMP Securities.
Union Pacific traded up 0.97% on Wednesday, hitting $120.26. Union Pacific has a 52-week low of $82.62 and a 52-week high of $129.27. The company has a market cap of $56.956 billion and a price-to-earnings ratio of 15.42.
Union Pacific Corporation (UPC) owns transportation companies. Its principal operating company, Union Pacific Railroad Company, links 23 states in the western 66% of the country.