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Analysts at Jefferies Group lowered their earnings per share estimates on shares of Alpha Natural Resources (NYSE:ANR) in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating and a $7.50 price objective on the company’s shares. Jefferies Group’s target price suggests a potential upside of 42.86% from the stock’s previous close.

ANR has been the subject of a number of other recent research reports. Analysts at Macquarie upgraded shares of Alpha Natural Resources from an “underperform” rating to a “neutral” rating in a research note on Thursday. They now have a $6.00 price target on the stock, up previously from $5.00. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of Alpha Natural Resources in a research note on Thursday. They set a “neutral” rating on the stock. Finally, analysts at Cowen and Company cut their price target on shares of Alpha Natural Resources from $7.00 to $5.00 in a research note on Thursday. They now have a “market perform” rating on the stock. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. Alpha Natural Resources currently has an average rating of “Hold” and an average price target of $7.50.

Alpha Natural Resources (NYSE:ANR) traded up 0.20% on Thursday, hitting $5.07. 5,821,918 shares of the company’s stock traded hands. Alpha Natural Resources has a 52 week low of $4.78 and a 52 week high of $9.90. The stock has a 50-day moving average of $6.09 and a 200-day moving average of $6.34. The company’s market cap is $1.120 billion. Alpha Natural Resources also was the recipient of unusually large options trading activity on Tuesday. Investors acquired 7,874 put options on the stock. This is an increase of 192% compared to the average volume of 2,694 put options.

Alpha Natural Resources (NYSE:ANR) last released its earnings data on Tuesday, February 11th. The company reported ($0.52) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.62) by $0.10. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted ($0.19) earnings per share. The company’s quarterly revenue was down 29.8% on a year-over-year basis. Analysts expect that Alpha Natural Resources will post $-2.05 EPS for the current fiscal year.

Alpha Natural Resources, Inc (NYSE:ANR) is a supplier and exporter of metallurgical coals for use in the steel-making process and a supplier of thermal coal to electric utilities and manufacturing industries, as well as a exporter of thermal coal.

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