Price Target Update on Union Pacific Corporation (NYSE:UNP)

Union Pacific Corporation (NYSE:UNP) : The highest level Union Pacific Corporation (NYSE:UNP) is projected to reach is $100 for the short term and the lowest estimate is at $55. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $87.12 and the possibility the share price can swing is $12.03.

Other Equity analysts have also commented on the company shares. Oppenheimer initiates coverage on Union Pacific Corporation (NYSE:UNP) The shares have been rated Perform. The rating by the firm was issued on June 16, 2016.

Union Pacific Corporation (NYSE:UNP): stock turned positive on Thursday. Though the stock opened at $88.79, the bulls momentum made the stock top out at $89 level for the day. The stock recorded a low of $87.93 and closed the trading day at $88.54, in the green by 1.20%. The total traded volume for the day was 2,691,375. The stock had closed at $87.49 in the previous days trading.

The company shares have dropped -9.78% 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 $85.21 and the 200 Day Moving Average price is recorded at $80.34. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Duren Diane K, officer (EVP & CORPORATE SECRETARY) of Union Pacific Corp, had unloaded 2,500 shares at an average price of $85.46 in a transaction dated on June 3, 2016. The total value of the transaction was worth $213,650.

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.

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