Union Pacific Stock Fully Valued Around $200?

Union Pacific Stock Fully Valued Around $200?

KIEV, UKRAINE - 2018/12/17: In this photo illustration, the Union Pacific Railroad Transport ... [+] company logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)



LightRocket via Getty Images

Union Pacific's stock (NYSE:UNP) trades at $202 currently and it has gained 13% in value so far this year. It traded at a pre-Covid high of $183 in February, and it is currently 11% higher than that level. Also, UNP stock has gained 78% from the low of $113 seen in March 2020, with gradual opening up of economies, resulting in increased transportation demand after the lockdown phase in early Q2. That said, going by historical performance, and in view of the strong rally in UNP stock since late