Peabody Energy’s (BTUUQ) Buy Rating Reiterated at FBR & Co
FBR & Co reaffirmed their buy rating on shares of Peabody Energy Co. (NASDAQ:BTUUQ) in a research report report published on Wednesday. They currently have a $36.00 price target on the coal producer’s stock.
Separately, Macquarie began coverage on shares of Peabody Energy in a research note on Thursday, September 7th. They issued a hold rating and a $30.00 price target for the company.
Peabody Energy (NASDAQ BTUUQ) traded up 0.000% during midday trading on Wednesday, hitting $0.383. Peabody Energy has a 12 month low of $0.55 and a 12 month high of $18.75.
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Peabody Energy Company Profile
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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