Peabody Energy Co. (BTUUQ) Given Buy Rating at FBR & Co
Peabody Energy Co. (NASDAQ:BTUUQ)‘s stock had its “buy” rating reaffirmed by FBR & Co in a report released on Wednesday. They presently have a $35.00 target price on the coal producer’s stock.
Separately, Macquarie started coverage on Peabody Energy in a research report on Thursday, September 7th. They set a “hold” rating and a $30.00 price objective for the company.
Peabody Energy (NASDAQ:BTUUQ) traded up 0.000% during trading on Wednesday, hitting $0.383. Peabody Energy has a 12 month low of $0.55 and a 12 month high of $18.75.
About Peabody Energy
Peabody Energy Corporation is a coal company, which is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Its mining operations are located in the United States and Australia. Its segments are Powder River Basin Mining, Midwestern U.S.
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