Arch Coal (NYSE:ARCH) stock price target increased to $94.00, issued a report today by FBR & Co.
- Updated: November 26, 2016
Boasting a price of $77.32, Arch Coal (NYSE:ARCH) traded -3.99% lower on the day. With the last stock price close up 286.87% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $73.43 and a 200-day moving average of $19.51. 184,284 shares of the stock were exchanged, down from an average trading volume of 1,026,000
Reporting a possible upside of 0.22%, FBR & Co. increased the stock price target of Arch Coal (NYSE:ARCH) to $94.00
On 11/10/2016, Seaport Global Securities released a statement for Arch Coal (NYSE:ARCH) bumped up the target price from $0.00 to $95.00 that suggested an upside of 0.20%.
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Arch Coal has a 52 week low of $0.04 and a 52 week high of $86.47 The company’s market cap is currently $0.
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.
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