Cloud Peak Energy (NYSE:CLD) target price raised to $4.00, reported today by FBR & Co.
- Updated: October 12, 2016
Cloud Peak Energy (NYSE:CLD) had its target price raised to $4.00 by FBR & Co. in a report released 10/13/2016. The new target price indicates a possible downside of -0.28% based on the company's last stock close price.
Previously on 10/11/2016, Zacks Investment Research reported about Cloud Peak Energy (NYSE:CLD) raised the target price from $0.00 to $6.25. At the time, this indicated a possible upside of 0.12%.
Yesterday Cloud Peak Energy (NYSE:CLD) traded -0.54% lower at $5.54. The company’s 50-day moving average is $4.44 and its 200-day moving average is $2.90. The last stock close price is up 91.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 992,230 shares of the stock were exchanged, down from an average trading volume of 1,439,090
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Cloud Peak Energy has a 52 week low of $1.08 and a 52 week high of $5.85 The company’s market cap is currently $0.
In addition to FBR & Co. reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is $2.27 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 6 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Cloud Peak Energy (NYSE:CLD)
Cloud Peak Energy Inc. is a producer of coal in the United States of America and the Powder River basin (PRB). The Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Company operates through two segments: Owned and Operated Mines segment, and Logistics and Related Activities. The Company's Owned and Operated Mines segment is characterized by the focus on thermal coal production. Its segment includes the Company's Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Company's Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by it include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation and other handling services from third-party operators, which are rail and terminal companies.
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