Arch Coal (ARCH) PT Raised to $94.00
Arch Coal (NASDAQ:ARCH) had its price target upped by stock analysts at FBR & Co from $90.00 to $94.00 in a report issued on Wednesday. The brokerage presently has an “outperform” rating on the stock. FBR & Co’s price objective points to a potential upside of 21.57% from the company’s previous close.
Several other brokerages also recently commented on ARCH. Seaport Global Securities assumed coverage on Arch Coal in a report on Thursday, November 10th. They set a “buy” rating and a $95.00 target price for the company. Stifel Nicolaus assumed coverage on Arch Coal in a report on Monday, October 10th. They set a “buy” rating and a $81.00 target price for the company.
Arch Coal (NASDAQ:ARCH) opened at 77.32 on Wednesday. Arch Coal has a 1-year low of $0.04 and a 1-year high of $86.47. The firm’s market capitalization is $1.93 billion. The stock has a 50 day moving average price of $70.57 and a 200 day moving average price of $18.54.
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