Arch Coal Inc. (ARCH) Given Consensus Recommendation of “Hold” by Analysts
Shares of Arch Coal Inc. (NYSE:ARCH) have been assigned an average rating of “Hold” from the five brokerages that are covering the stock. One analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $3.98.
A number of equities analysts have weighed in on the stock. FBR & Co reaffirmed an “outperform” rating on shares of Arch Coal in a research note on Wednesday, October 5th. JPMorgan Chase & Co. raised shares of Arch Coal to a “hold” rating in a research note on Tuesday, September 13th.
Arch Coal (NYSE:ARCH) traded up 1.62% during midday trading on Wednesday, hitting $71.00. The company’s stock had a trading volume of 764,224 shares. The company’s 50 day moving average price is $19.05 and its 200 day moving average price is $5.14. Arch Coal has a 12 month low of $0.04 and a 12 month high of $71.20.
Arch Coal Company Profile
Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.
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