FBR & Co Reiterates Outperform Rating for Arch Coal (ARCH)
Arch Coal (NASDAQ:ARCH)‘s stock had its “outperform” rating reiterated by research analysts at FBR & Co in a research report issued on Thursday. They presently have a $90.00 price objective on the stock, up from their previous price objective of $75.00. FBR & Co’s target price would suggest a potential upside of 6.14% from the stock’s previous close.
Other equities research analysts also recently issued reports about the company. Seaport Global Securities began coverage on Arch Coal in a research report on Thursday. They set a “buy” rating and a $95.00 price objective on the stock. Stifel Nicolaus began coverage on Arch Coal in a research report on Monday, October 10th. They set a “buy” rating and a $81.00 price objective on the stock.
Arch Coal (NASDAQ:ARCH) opened at 84.79 on Thursday. The stock has a 50 day moving average price of $55.57 and a 200-day moving average price of $14.55. The stock’s market cap is $2.12 billion. Arch Coal has a 1-year low of $0.04 and a 1-year high of $86.00.
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