Stifel Nicolaus initiated coverage on shares of Arch Coal (NASDAQ:ARCH) in a report issued on Monday morning. The firm issued a buy rating and a $81.00 target price on the stock.

Separately, FBR & Co began coverage on Arch Coal in a research report on Wednesday, October 5th. They set an outperform rating and a $71.00 price target on the stock.

Arch Coal (NASDAQ:ARCH) traded up 3.78% on Monday, reaching $67.86. 321,718 shares of the company’s stock traded hands. Arch Coal has a 12 month low of $0.04 and a 12 month high of $70.00. The firm’s 50-day moving average is $7.47 and its 200 day moving average is $2.19.

5 Day Chart for NASDAQ:ARCH

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