Jefferies & Co announced CNX Coal Resources LP (NYSE:CNXC), boosting its stock price target to $15.00 today
- Updated: September 20, 2016
In a report released on Tuesday September 20, 2016 Jefferies & Co upped the target price of CNX Coal Resources LP (NYSE:CNXC) from $13.00 to $15.00 stating a possible upside of 0.02%.
Previously on 04/26/2016, FBR Capital reported on CNX Coal Resources LP (NYSE:CNXC) lowered the target price from $12.00 to $11.00. At the time, this indicated a possible upside of 0.24%.
Yesterday CNX Coal Resources LP (NYSE:CNXC) traded 0.00% even at $14.67. The company’s 50-day moving average is $13.26 and its 200-day moving average is $9.77. The last closing price is up 50.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 71,820
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CNX Coal Resources LP has a 52 week low of $5.98 and a 52 week high of $17.34 with a PE ratio of 611.2500 CNXC’s total market value is presently $0.
A total of 6 firms have issued a report on the stock. Three brokers rating the stock a strong buy, 2 analysts rating the company a buy, 2 firms rating the stock a hold, zero equity analysts rating the company a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of $10.83.
General Company Details For CNX Coal Resources LP (NYSE:CNXC)
CNX Coal Resources LP is a producer of thermal coal in the Northern Appalachian Basin and the eastern United States. The Company is engaged in the management and development of the thermal coal operations of CONSOL Energy Inc. (CONSOL Energy) in Pennsylvania. The Company's assets include interests in CONSOL Energy's Pennsylvania mining complex, which consists of approximately three underground mines and related infrastructure that produce bituminous thermal coal that is sold primarily to electric utilities in the eastern United States. The Pennsylvania mining complex includes the Bailey Mine, the Enlow Fork Mine and the Harvey Mine. The Bailey Mine is located in Enon, Pennsylvania. The Enlow Fork Mine is located directly north of the Bailey Mine. The Harvey Mine is located directly east of the Bailey and Enlow Fork Mines. It operates approximately five longwalls and over 20 continuous mining sections at the Pennsylvania mining complex.
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