Peabody Energy’s (BTUUQ) Buy Rating Reaffirmed at FBR & Co

Peabody Energy Co. (NASDAQ:BTUUQ)‘s stock had its “buy” rating restated by equities research analysts at FBR & Co in a research report issued on Monday. They presently have a $35.00 price objective on the coal producer’s stock.

Separately, Macquarie assumed coverage on Peabody Energy in a research report on Thursday. They set a “hold” rating and a $30.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $24.00.

Shares of Peabody Energy (NASDAQ BTUUQ) traded up 0.000% during mid-day trading on Monday, hitting $0.383. Peabody Energy has a 52-week low of $0.55 and a 52-week high of $18.75.

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Peabody Energy Company Profile

Peabody Energy Corporation is a coal company, which is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Its mining operations are located in the United States and Australia. Its segments are Powder River Basin Mining, Midwestern U.S.

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