RBC Capital analyst Walter Spracklin maintained a Buy rating on Union Pacific (UNP – Research Report) yesterday and set a price target of $281.00. The company’s shares closed yesterday at $243.55.
According to TipRanks, Spracklin is a 5-star analyst with an average return of 15.0% and a 63.00% success rate. Spracklin covers the Industrials sector, focusing on stocks such as Norfolk Southern, Canadian Pacific Kansas City, and TFI International.
Union Pacific has an analyst consensus of Moderate Buy, with a price target consensus of $261.55, representing a 7.39% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $290.00 price target.
Based on Union Pacific’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.03 billion and a net profit of $1.64 billion. In comparison, last year the company earned a revenue of $6.06 billion and had a net profit of $1.63 billion
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Union Pacific (UNP) Company Description:
Founded in 1969, Nebraska-based Union Pacific Corp., through its principal subsidiary, Union Pacific Railroad Company, engages in railroad and freight transportation services. It offers transportation services for diversified business including agricultural products, food and beverage products, petroleum and gases, chemicals, coal, industrial products, intermodal and automotive.
Read More on UNP:
- North American rail traffic up 1.3% for the week ending April 20
- Union Pacific named short-term buy idea at Deutsche Bank
- North American rail traffic up 1.4% for the week ending April 13
- Union Pacific put volume heavy and directionally bearish
- Union Pacific price target raised to $248 from $231 at Stifel
