why Union Pacific Corp. [UNP] is a Good Choice for Investors After New Price Target of $274.38

Union Pacific Corp. [NYSE: UNP] plunged by -$4.35 during the normal trading session on while it closed the day at $222.12.

Union Pacific Corp. stock has also loss -2.71% of its value over the past 7 days. However, UNP stock has declined by -9.73% in the 3 months of the year. Over the past six months meanwhile, it has lost -4.63% and lost -9.57% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for UNP stock reached $135.52 billion, with 609.70 million shares outstanding and 608.25 million shares in the current float. Compared to the average trading volume of 2.25M shares, UNP reached a trading volume of 3276133 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Union Pacific Corp. [UNP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UNP shares is $274.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UNP stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Union Pacific Corp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 07, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $248 to $267. The new note on the price target was released on May 03, 2024, representing the official price target for Union Pacific Corp. stock. Previously, the target price had yet another raise from $252 to $258, while TD Cowen kept a Buy rating on UNP stock.

The Average True Range (ATR) for Union Pacific Corp. is set at 3.98, with the Price to Sales ratio for UNP stock in the period of the last 12 months amounting to 5.62. The Price to Book ratio for the last quarter was 8.65, with the Price to Cash per share for the same quarter was set at 1.57. Price to Free Cash Flow for UNP in the course of the last twelve months was 26.94 with Quick ratio for the last quarter at 0.76.

UNP stock trade performance evaluation

Union Pacific Corp. [UNP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.71. With this latest performance, UNP shares dropped by -9.32% in over the last four-week period, additionally sinking by -4.63% over the last 6 months – not to mention a rise of 11.66% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UNP stock in for the last two-week period is set at 30.95, with the RSI for the last a single of trading hit 25.56, and the three-weeks RSI is set at 34.72 for Union Pacific Corp. [UNP]. The present Moving Average for the last 50 days of trading for this stock 235.94, while it was recorded at 226.58 for the last single week of trading, and 231.37 for the last 200 days.

Union Pacific Corp. [UNP]: An insightful look at the core fundamentals

Union Pacific Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 0.93.

Earnings per share (EPS) analysis for Union Pacific Corp. [UNP] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UNP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Union Pacific Corp. go to 14.50%.

Union Pacific Corp. [UNP]: Institutional Ownership

The top three institutional holders of UNP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in UNP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in UNP stock with ownership which is approximately 5.8386%.

Most Popular