Westmoreland Coal PT Raised to $40.00 (WLB)
Research analysts at Imperial Capital lifted their price target on shares of Westmoreland Coal (NYSE:WLB) from $35.00 to $40.00 in a report released on Tuesday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. Imperial Capital’s target price points to a potential upside of 36.71% from the stock’s previous close.
Separately, analysts at TheStreet downgraded shares of Westmoreland Coal from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $39.00.
Westmoreland Coal (NYSE:WLB) traded up 7.22% during mid-day trading on Tuesday, hitting $29.26. 161,499 shares of the company’s stock traded hands. Westmoreland Coal has a 52-week low of $10.77 and a 52-week high of $32.00. The stock’s 50-day moving average is $28.57 and its 200-day moving average is $20.55. The company’s market cap is $434.4 million.
Westmoreland Coal (NYSE:WLB) last posted its quarterly earnings results on Friday, April 25th. The company reported ($1.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $1.21. On average, analysts predict that Westmoreland Coal will post $-4.73 earnings per share for the current fiscal year.
Westmoreland Coal Company (NYSE:WLB) is an energy company.
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