Union Pacific Corporation (UNP) : 22 analysts are covering Union Pacific Corporation (UNP) and their average rating on the stock is 2.25, which is read as a Buy. 10 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Union Pacific Corporation (UNP) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 3 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Union Pacific Corporation (UNP) : The highest short term price target forecast on Union Pacific Corporation (UNP) is $100 and the lowest target price is $53. A total of 17 equity analysts are currently covering the company. The average price of all the analysts is $87 with a standard deviation of $12.36.
Union Pacific Corporation (NYSE:UNP): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.59 and $86.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $87.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $87.44, notching a gain of 0.32% for the day. The total traded volume was 3,740,501 . The stock had closed at $87.16 on the previous day.
Also, Equity Analysts at the Scotia downgrades the rating on Union Pacific Corporation (NYSE:UNP). The brokerage firm has issued a Sector Perform rating on the shares. The Analysts at the ratings agency lowers the price target from $93 per share to $88 per share. The rating by the firm was issued on June 20, 2016. The company shares have dropped -9.07% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $99.71 and the one year low was seen on Jan 21, 2016. The 50-Day Moving Average price is $85.64 and the 200 Day Moving Average price is recorded at $80.93.
Union Pacific Corporation operates through its principal operating company, Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States, which has 31,974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail, providing a supply chain link around the world. Its business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. The Company serves United States population centers, operates from West Coast and Gulf Coast ports to eastern gateways, connects with Canadas rail systems and serves six Mexico gateways. The Companys freight traffic consists of bulk, manifest, and premium business.