Arch Coal (ARCH) Coverage Initiated by Analysts at Stifel Nicolaus
Stifel Nicolaus began coverage on shares of Arch Coal (NASDAQ:ARCH) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a $81.00 price target on the stock. Stifel Nicolaus’ price objective points to a potential upside of 23.87% from the company’s previous close.
Separately, FBR & Co began coverage on shares of Arch Coal in a research report on Wednesday, October 5th. They issued an “outperform” rating and a $71.00 price target on the stock.
Shares of Arch Coal (NASDAQ:ARCH) traded up 5.98% on Monday, reaching $65.39. 893,257 shares of the company’s stock traded hands. Arch Coal has a 12-month low of $0.04 and a 12-month high of $70.00. The stock has a 50-day moving average of $5.76 and a 200 day moving average of $1.72.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/arch-coal-arch-now-covered-by-stifel-nicolaus.html
Receive News & Ratings for Arch Coal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Coal and related companies with MarketBeat.com's FREE daily email newsletter.