Union Pacific Corporation (UNP) has risen sharply, recording gains of 2.22% in the past 4 weeks. However, the stock has corrected -0.59% in the past 1 week, providing a good buying opportunity on dips. Union Pacific Corporation (UNP) : Traders are bullish on Union Pacific Corporation (UNP) as it has outperformed the S&P 500 by a wide margin of 2.44% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.07%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.49% and the fifty day Moving Average is 4.07%. Union Pacific Corporation is up 14.64% in the last three month period. Year-to-Date the stock performance stands at 23.3%.
Union Pacific Corporation (UNP) : 13 Wall Street analysts covering Union Pacific Corporation (UNP) believe that the average level the stock could reach for the short term is $93.15. The maximum price target given is $110 and the minimum target for short term is around $53, hence the standard deviation is calculated at $14.62.
Union Pacific Corporation (NYSE:UNP): stock turned positive on Friday. Though the stock opened at $95.35, the bulls momentum made the stock top out at $95.98 level for the day. The stock recorded a low of $94.74 and closed the trading day at $95.12, in the green by 0.04%. The total traded volume for the day was 2,531,777. The stock had closed at $95.08 in the previous days trading.
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.