One week ago Union Pacific (NYSE:UNP) was downgraded from Buy to Hold at TD Securities. Union Pacific stocks closed at $149.43, a 1.3% gain over the course of one week.
Based on a current price of $149.97, Union Pacific is currently 0.8% above its average consensus analyst price target of $148.70. Union Pacific shares have support at the 50-day moving average (MA) of $140.78 and additional support at the 200-day MA of $128.86.
Union Pacific Corporation is a rail transportation company. The Company's railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offersslong-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada's rail systems and serves the major gateways to Mexico.
Over the past year, Union Pacific has traded in a range of $105.14 to $151.14 and is now at $149.97, 43% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.6%.