Watch for Continued Gains in Shares of Union Pacific Corporation (UNP)

November 22, 2021 11:42:39

Shares of Union Pacific Corporation (NYSE:UNP) traded at a new 12-month high today of $245.59. This new high was reached on below average trading volume as 406,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.

Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated roughly $20 billion of revenue in 2020 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives about 10% of its revenue hauling freight to and from Mexico.

Union Pacific Corporation share prices have moved between a 12-month high of $245.59 and a 12-month low of $193.14 and are now trading 27% above that low price at $244.82 per share.

Union Pacific Corporation defies analysts with a current price ($244.82) 17.0% above its average consensus price target of $203.30.

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