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 0.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.43%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.86% in the last 1 week, and is up 3.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Union Pacific Corporation (NYSE:UNP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $93.17 and $92.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $93.85, notching a gain of 1.27% for the day. The total traded volume was 3,146,705 . The stock had closed at $92.67 on the previous day.
The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 5.42%. Union Pacific Corporation is up 10.2% in the last 3-month period. Year-to-Date the stock performance stands at 21.65%.
Union Pacific Corporation (UNP) : Currently there are 13 street experts covering Union Pacific Corporation (UNP) stock. The most bullish and bearish price target for the stock is $110 and $53 respectively for the short term. The average price target of all the analysts comes to $93.15. The estimated standard deviation from the target is $14.62.
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.