The shares of Union Pacific Corporation (NYSE:UNP) has been pegged with a rating of Market Perform by Cowen in its latest research note that was published on October 26th, 2018. The research company has also assigned a $153 price target. Cowen wasn’t the only research firm that published a report of Union Pacific Corporation, with other equities research analysts also giving their opinion on the stock. TD Securities advised investors in its research note published on October 26th, 2018, to Hold the UNP stock. The stock had earned Underweight rating from Morgan Stanley when it published its report on October 22nd, 2018. The stock was given Neutral rating by BofA/Merrill in its report released on October 18th, 2018. Loop Capital was of a view that UNP is Buy in its latest report on September 18th, 2018. Cowen thinks that UNP is worth Market Perform rating. This was contained in the firm’s report on June 1st, 2018 in which the stock’s price target was also moved to $153.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 13 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $166.69. The price of the stock the last time has raised by 30.81% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 49.18.
The shares of the company dipped by -0.52% during the trading session on Monday, reaching a low of $148.87 while ending the day at $150.64. During the trading session, a total of 3.73 million shares were traded which represents a 20.33% incline from the average session volume which is 4.68M shares. UNP had ended its last session trading at 151.42. Union Pacific Corporation currently has a market cap of $110.99B, while its P/E ratio stands at 19.81, while its P/E earnings growth sits at 4.93, with a beta of 0.92. Union Pacific Corporation debt-to-equity ratio currently stands at 1.09, while its quick ratio hovers at 0.90. UNP 52-week low price stands at $115.16 while its 52-week high price is $165.63.
The company in its last quarterly report recorded $2.15 earnings per share which is above the $2.10 predicted by most analysts. The Union Pacific Corporation generated $5,928.00 million in revenue during the last quarter, which is slightly higher than the $5,915.15 million predicted by analysts. In the second quarter last year, the firm recorded $1.98 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 7.91%. Union Pacific Corporation has the potential to record 7.61 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Gordon Haskett published a research note on October 12th, 2018 where it informed investors and clients that 3M Company (NYSE:MMM) is now rated as Buy. TD Securities also rated MMM as Downgrade on October 26th, 2018, with its price target of $16 suggesting that MMM could down by -0.65% from its current share price. Even though the stock has been trading at $209.00/share, analysts expect it to surge higher by -1.64% to reach $204.25/share. It started the day trading at $208.05 and traded between $204.37 and $205.58 throughout the trading session.
A look at its technical shows that MMM’s 50-day SMA is 203.23 while its 200-day SMA stands at 209.10. The stock has a high of $259.77 for the year while the low is $181.98. The company’s P/E ratio currently sits at 22.63, while the P/B ratio is 11.75. The company’s average trading volume currently stands at 2.52M shares, which means that the short-interest ratio is just 2.78 days. Over the past seven days, the company moved, with its shift of 4.33%. Looking further, the stock has dropped -0.05% over the past 90 days while it gained 3.32% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MMM shares, increasing its portfolio by +0.12% during the last quarter. This move now sees The Vanguard Group Inc purchasing 58,624 shares in the last quarter, thus it now holds 48,039,438 shares of MMM, with a total valuation of $9,139,983,474. SSgA Funds Management Inc meanwhile bought more MMM shares in the recently filed quarter, changing its stake to $8,213,744,141 worth of shares. BlackRock Fund Advisors followed the path by decreasing its MMM portfolio by -2.49% in the quarter. This means that BlackRock Fund Advisors sold -653,436 shares in the last quarter and now controls 25,586,659 shares of the MMM stock, with the valuation hitting $4,868,117,741.
Similarly, Massachusetts Financial Services decreased its 3M Company shares by -2.46% during the recently filed quarter. After selling -279,890 shares in the last quarter, the firm now controls 11,098,105 shares of 3M Company which are valued at $2,111,525,457. In the same vein, Northern Trust Investments Inc decreased its 3M Company shares by during the most recent reported quarter. The firm sold -261,136 shares during the quarter which decreased its stakes to 7,825,642 shares and is now valued at $1,488,906,647. Following these latest developments, around 7.74% of 3M Company stocks are owned by institutional investors and hedge funds.