Short Term Price Target on Union Pacific Corporation (UNP)

Union Pacific Corporation (NYSE:UNP) : The highest short term price target forecast on Union Pacific Corporation (NYSE: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 has dropped 1.46% in the last five trading days, however, the shares have posted positive gains of 3.73% in the last 4 weeks. Union Pacific Corporation is up 11.29% in the last 3-month period. Year-to-Date the stock performance stands at 13.09%. Also, Scotia downgrades its view on Union Pacific Corporation (NYSE:UNP) according to the research report released by the firm to its investors. The shares have now been rated Sector Perform by the stock experts at the ratings house. Scotia lowers the price target from $93 per share to $88 per share on Union Pacific Corporation. The rating by the firm was issued on June 20, 2016.

Union Pacific Corporation (NYSE:UNP) : 22 analysts are covering Union Pacific Corporation (NYSE: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 (NYSE: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 (NYSE:UNP): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.74 and $84.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $87.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $87.25, notching a gain of 1.12% for the day. The total traded volume was 5,839,474 . The stock had closed at $86.28 on the previous day.

In an insider trading activity,The officer (EVP & CORPORATE SECRETARY) of Union Pacific Corp, Duren Diane K sold 2,500 shares at $85.46 on June 3, 2016. The Insider selling transaction had a total value worth of $213,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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