A report released today by Jefferies about Arch Coal (NYSE:ARCH) ups the target price to $90.00
- Updated: February 17, 2017
In a report announced on 02/17/2017 Jefferies bumped up the price target of Arch Coal (NYSE:ARCH) to $90.00 stating a possible upside of 0.25%.
Previously on 12/20/2016, MKM Partners reported on Arch Coal (NYSE:ARCH) raised the target price from $0.00 to $103.00. At the time, this suggested an upside of 0.29%.
Having a price of $72.11, Arch Coal (NYSE:ARCH) traded 3.28% higher on the day. With the last stock price up 44.69% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. ARCH has recorded a 50-day moving average of $73.07 and a 200-day moving average of $49.84. 654,509 shares of ARCH traded hands, up from an average trading volume of 548,558
Recent Performance Chart
Arch Coal has one year low of $59.05 and a one year high of $86.47 with a price-earnings ratio of 55.05 and has a total market value of $0.
More About Arch Coal (NYSE:ARCH)
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2015, it operated or contracted out the operation of 16 mines; and owned or controlled approximately 2.5 billion tons of proven and probable recoverable reserves. The company also owned or controlled, primarily through long-term leases, approximately 28,541 acres of coal land in Ohio; 21,832 acres of coal land in Maryland; 46,556 acres of coal land in Virginia; 380,471 acres of coal land in West Virginia; 106,059 acres of coal land in Wyoming; 273,299 acres of coal land in Illinois; 129,043 acres of coal land in Kentucky; 10,000 acres of coal land in Montana; 21,802 acres of coal land in New Mexico; 426 acres of coal land in Pennsylvania; and 18,443 acres of coal land in Colorado. In addition, it owns properties in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas. The company sells coal to power plants, steel mills, and industrial facilities. Arch Coal, Inc. was founded in 1969 and is headquartered in St. Louis, Missouri.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.