Union Pacific Corporation (UNP) : 8 brokerage houses believe that Union Pacific Corporation (UNP) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Union Pacific Corporation (UNP). Zacks Investment Research suggests a Hold with a rank of 3. 3 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 20 Wall Street Analysts endorse the stock as a Buy with a rating of 2.38.
Union Pacific Corporation (UNP) : 14 Wall Street analysts covering Union Pacific Corporation (UNP) believe that the average level the stock could reach for the short term is $93.64. The maximum price target given is $110 and the minimum target for short term is around $53, hence the standard deviation is calculated at $14.44.
Also, Atlantic Equities initiates coverage on Union Pacific Corporation (NYSE:UNP). The rating major has initiated the coverage with overweight rating on the shares. The rating by the firm was issued on August 11, 2016.
Union Pacific Corporation (NYSE:UNP): After opening at $92.28, the stock dipped to an intraday low of $91.32 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $93.24 and the buying power remained strong till the end. The stock closed at $92.94 for the day, a gain of 0.24% for the day session. The total traded volume was 3,402,644. The stocks close on the previous trading day was $92.72.
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.