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Stifel issued a report on Alliance Holdings (NASDAQ:AHGP), cutting its price target to $31.00 today

Alliance Holdings (NASDAQ:AHGP) had its target bumped down to $31.00 by Stifel in a report released 11/15/2017. The new target price implies a potential upside of 0.12% from the company's previous stock price.

Just yesterday Alliance Holdings (NASDAQ:AHGP) traded 3.31% higher at $27.73. Alliance Holdings’s 50-day moving average is $26.89 and its 200-day moving average is $27.04. The last stock price is up 2.85% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 77,417 shares of AHGP traded hands, down from an average trading volume of 95,756

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Alliance Holdings (NASDAQ:AHGP)

Alliance Holdings has 52 week low of $22.71 and a 52 week high of $32.70 with a PE ratio of 8.03 and has a market capitalization of $0.

Brief Synopsis On Alliance Holdings (NASDAQ:AHGP)

Alliance Holdings GP, L.P. (AHGP) is a limited partnership company. The Company owns directly and indirectly the members' interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company's segments include Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of mining complexes, including Webster County Coal's Dotiki mining complex; Gibson County Coal's mining complex, which includes the Gibson North mine and Gibson South mine; Warrior's mining complex; River View's mining complex and the Hamilton mining complex. The Appalachia segment consists of various operating segments, including the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Mettiki mining complex includes Mettiki Coal (WV)'s Mountain View mine and Mettiki Coal's preparation plant. Other and Corporate segment includes marketing and administrative activities.

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