Rhino Resource Partners Lowered to Underperform at Zacks (RNO)
Rhino Resource Partners (NYSE:RNO) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Monday. They currently have a $13.50 price target on the stock. Zacks‘s target price would indicate a potential downside of 4.86% from the stock’s previous close.
Shares of Rhino Resource Partners (NYSE:RNO) traded down 1.26% on Monday, hitting $14.012. 37,434 shares of the company’s stock traded hands. Rhino Resource Partners has a 52 week low of $9.81 and a 52 week high of $14.65. The stock’s 50-day moving average is $13.4 and its 200-day moving average is $12.80. The company has a market cap of $407.4 million and a P/E ratio of 3.05.
Rhino Resource Partners (NYSE:RNO) last released its earnings data on Wednesday, May 7th. The company reported ($0.17) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.20. Analysts expect that Rhino Resource Partners will post $-0.21 EPS for the current fiscal year.
Rhino Resource Partners LP (NYSE:RNO) was formed to control and operate coal properties and related assets.
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