Arch Coal, Inc. Class A (NASDAQ:ARCH)‘s stock had its “outperform” rating reaffirmed by research analysts at FBR & Co in a report issued on Friday. They presently have a $103.00 price objective on the stock. FBR & Co’s target price suggests a potential upside of 55.97% from the company’s current price.

Several other research analysts have also commented on ARCH. Stifel Nicolaus boosted their price objective on shares of Arch Coal, Inc. Class A from $81.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, December 1st. MKM Partners set a $98.00 price objective on shares of Arch Coal, Inc. Class A and gave the stock a “buy” rating in a research note on Sunday, January 8th. Zacks Investment Research upgraded shares of Arch Coal, Inc. Class A from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Tuesday, January 10th. Finally, Jefferies Group LLC assumed coverage on shares of Arch Coal, Inc. Class A in a research note on Friday, February 17th. They set a “buy” rating and a $90.00 price objective for the company. Six analysts have rated the stock with a buy rating, Arch Coal, Inc. Class A has an average rating of “Buy” and a consensus target price of $92.67.

Analyst Recommendations for Arch Coal, Inc. Class A (NASDAQ:ARCH)

Arch Coal, Inc. Class A (NASDAQ:ARCH) opened at 66.04 on Friday. The stock’s 50 day moving average is $70.65 and its 200 day moving average is $60.50. The stock has a market cap of $1.65 billion and a PE ratio of 1.16. Arch Coal, Inc. Class A has a 52 week low of $59.05 and a 52 week high of $86.47.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last posted its quarterly earnings data on Wednesday, February 8th. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $0.13 by $1.52. The firm had revenue of $575.69 million for the quarter, compared to the consensus estimate of $556.23 million. The company’s revenue was down 58.8% on a year-over-year basis. Analysts predict that Arch Coal, Inc. Class A will post $9.33 EPS for the current year.

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In related news, CEO John W. Eaves sold 2,030 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $71.42, for a total transaction of $144,982.60. Following the completion of the transaction, the chief executive officer now owns 3,727 shares in the company, valued at approximately $266,182.34. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Kenneth D. Cochran sold 663 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The stock was sold at an average price of $71.42, for a total transaction of $47,351.46. Following the transaction, the vice president now owns 1,234 shares of the company’s stock, valued at approximately $88,132.28. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,412 shares of company stock valued at $315,105.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. purchased a new position in Arch Coal, Inc. Class A during the fourth quarter valued at approximately $107,000. Numeric Investors LLC purchased a new position in Arch Coal, Inc. Class A during the fourth quarter valued at approximately $289,000. Huff W R Asset Management Co. LLC DE purchased a new position in Arch Coal, Inc. Class A during the fourth quarter valued at approximately $357,000. Teachers Retirement System of The State of Kentucky purchased a new position in Arch Coal, Inc. Class A during the fourth quarter valued at approximately $812,000. Finally, TCW Group Inc. purchased a new position in Arch Coal, Inc. Class A during the fourth quarter valued at approximately $1,069,000.

5 Day Chart for NASDAQ:ARCH

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