Westmoreland Coal Company Reaches New 12-Month High at $45.19 (WLB)
Westmoreland Coal Company (NYSE:WLB)’s share price reached a new 52-week high during trading on Monday , American Banking & Market News reports. The stock traded as high as $45.19 and last traded at $45.03, with a volume of 89,712 shares. The stock had previously closed at $43.59.
WLB has been the subject of a number of recent research reports. Analysts at Brean Capital raised their price target on shares of Westmoreland Coal Company from $38.00 to $50.00 in a research note on Monday, July 28th. They now have a “buy” rating on the stock. Analysts at Imperial Capital raised their price target on shares of Westmoreland Coal Company from $40.00 to $50.00 in a research note on Monday, July 28th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $50.00.
The stock’s 50-day moving average is $39.70 and its 200-day moving average is $30.29. The company’s market cap is $751.1 million.
Westmoreland Coal Company (NYSE:WLB) last released its earnings data on Friday, July 25th. The company reported ($4.19) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($1.15) by $3.04. The company had revenue of $288.00 million for the quarter, compared to the consensus estimate of $217.00 million. Analysts expect that Westmoreland Coal Company will post $-3.49 EPS for the current fiscal year.
Westmoreland Coal Company (NYSE:WLB) is an energy company.
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