Westmoreland Coal Company Reaches New 52-Week High at $37.46 (WLB)
Westmoreland Coal Company (NYSE:WLB)’s share price reached a new 52-week high during mid-day trading on Tuesday , Stock Ratings Network.com reports. The company traded as high as $37.46 and last traded at $36.98, with a volume of 85,413 shares trading hands. The stock had previously closed at $36.28.
Several analysts have recently commented on the stock. Analysts at Brean Capital raised their price target on shares of Westmoreland Coal Company from $35.00 to $38.00 in a research note on Tuesday, April 29th. They now have a “buy” rating on the stock. Analysts at Imperial Capital raised their price target on shares of Westmoreland Coal Company from $35.00 to $40.00 in a research note on Tuesday, April 29th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $39.00.
The stock’s 50-day moving average is $32.43 and its 200-day moving average is $26.11. The company’s market cap is $557.1 million.
Westmoreland Coal Company (NYSE:WLB) last announced its 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 Company will post $-3.49 earnings per share for the current fiscal year.
Westmoreland Coal Company (NYSE:WLB) is an energy company.
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