Analysts upbeat on the outlook for Union Pacific
The Union Pacific (NYQ:UNP) share price has risen by 6.80% over the past month and it’s currently trading at 191.57. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Union Pacific currently has:
7 Buy recommendations
10 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
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Beyond analyst recommendations
At its current price of 191.57, shares in Union Pacific are trading at a discount of -1.80% to its 52 week high price. The 1-year performance of the shares has been 15.4%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Union Pacific it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Union Pacific that you can find out about here.
Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.