Morgan Stanley analyst Ravi Shanker maintained a Hold rating on Union Pacific (UNP – Research Report) yesterday and set a price target of $210.00. The company’s shares closed yesterday at $242.79.
Shanker covers the Industrials sector, focusing on stocks such as FedEx, Knight Transportation, and Delta Air Lines. According to TipRanks, Shanker has an average return of -1.9% and a 50.34% success rate on recommended stocks.
Union Pacific has an analyst consensus of Moderate Buy, with a price target consensus of $263.50, an 8.53% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $248.00 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.
