Research Analysts’ Weekly Ratings Updates for Arch Coal, Inc. Class A (ARCH)

Several brokerages have updated their recommendations and price targets on shares of Arch Coal, Inc. Class A (NASDAQ: ARCH) in the last few weeks:

  • 9/7/2017 – Arch Coal, Inc. Class A is now covered by analysts at Macquarie. They set a “neutral” rating and a $84.00 price target on the stock.
  • 8/31/2017 – Arch Coal, Inc. Class A was upgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “overweight” rating. They now have a $90.00 price target on the stock, up previously from $80.00.
  • 8/25/2017 – Arch Coal, Inc. Class A was given a new $92.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 8/24/2017 – Arch Coal, Inc. Class A had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $98.00 price target on the stock, up previously from $93.00.
  • 8/18/2017 – Arch Coal, Inc. Class A was given a new $90.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 7/27/2017 – Arch Coal, Inc. Class A had its “buy” rating reaffirmed by analysts at Seaport Global Securities.
  • 7/27/2017 – Arch Coal, Inc. Class A had its “buy” rating reaffirmed by analysts at Clarkson Capital.
  • 7/21/2017 – Arch Coal, Inc. Class A had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $92.00 price target on the stock.

Arch Coal, Inc. Class A (NASDAQ:ARCH) opened at 76.50 on Monday. The stock has a market capitalization of $1.86 billion and a PE ratio of 1.07. The company has a 50-day moving average price of $76.16 and a 200-day moving average price of $71.70. Arch Coal, Inc. Class A has a 12-month low of $59.05 and a 12-month high of $86.47.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last issued its quarterly earnings data on Thursday, July 27th. The energy company reported $1.85 EPS for the quarter, missing the consensus estimate of $1.92 by $0.07. The business had revenue of $549.87 million during the quarter, compared to the consensus estimate of $596.76 million. The company’s revenue for the quarter was up 30.8% compared to the same quarter last year. Analysts expect that Arch Coal, Inc. Class A will post $9.04 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.35 dividend. This is a positive change from Arch Coal, Inc. Class A’s previous quarterly dividend of $0.03. This represents a $1.40 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, August 29th.

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

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