Westmoreland Coal Co. Sets New 1-Year High at $20.06 (WLB)
Westmoreland Coal (NYSE:WLB) set a new 52-week high during mid-day trading on Wednesday, Analyst Ratings Network reports. The stock traded as high as $20.06 and last traded at $19.98, with a volume of 59,229 shares. The stock had previously closed at $19.11.
WLB has been the subject of a number of recent research reports. Analysts at Imperial Capital raised their price target on shares of Westmoreland Coal from $15.50 to $25.00 in a research note to investors on Monday, January 6th. They now have an “outperform” rating on the stock. Separately, analysts at Brean Capital initiated coverage on shares of Westmoreland Coal in a research note to investors on Monday, December 30th. They set a “buy” rating and a $22.00 price target on the stock. Finally, analysts at Sidoti initiated coverage on shares of Westmoreland Coal in a research note to investors on Friday, December 20th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $23.50.
Westmoreland Coal has a 52 week low of $9.71 and a 52 week high of $20.10. The stock’s 50-day moving average is $16.73 and its 200-day moving average is $14.09. The company’s market cap is $289.4 million.
Westmoreland Coal Company (NYSE:WLB) is an energy company.
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