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Alliance Resource Partners, L.P. (NASDAQ:ARLP) target upped to $25.00, issued a ratings update earlier today by Zacks Investment Research

Boasting a price of $22.67, Alliance Resource Partners, L.P. (NASDAQ:ARLP) traded 0.31% higher on the day. With the last close up 31.87% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $21.27 and a 200-day moving average of $17.19. 315,375 shares of the stock traded hands, up from an average trading volume of 308,985

Alliance Resource Partners, L.P. (NASDAQ:ARLP) had its target bumped up to $25.00 by Zacks Investment Research in a report released 10/11/2016. The bumped up target suggests a potential upside of 0.10% based on the company's previous stock price.

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Alliance Resource Partners, L.P. (NASDAQ:ARLP)

With a total market value of $0, Alliance Resource Partners, L.P. has PE ratio of 14.12 with a one year low of $9.95 and a one year high of $23.52 .

A total of 3 firms have released a research note on ARLP. Two equity analysts rating the company a strong buy, one analyst rating the stock a buy, 2 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target of $18.67.

Brief Synopsis About Alliance Resource Partners, L.P. (NASDAQ:ARLP)

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. It operates over 10 underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. The Illinois Basin segment consists of various operating segments, including Webster County Coal's Dotiki mining complex, Gibson County Coal's mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal's mining complex, which includes the Elk Creek mine and the Fies property, White County Coal's Pattiki mining complex, Warrior's mining complex, Sebree Mining's mining complex, which includes the Onton mine and River View's mining complex. The Appalachia segment consists of multiple operating segments, including the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex.

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