Arch Coal’s (ARCH) “Outperform” Rating Reaffirmed at FBR & Co
Arch Coal (NASDAQ:ARCH)‘s stock had its “outperform” rating restated by FBR & Co in a research report issued to clients and investors on Wednesday. They currently have a $71.00 target price on the stock. FBR & Co’s price target points to a potential upside of 6.77% from the stock’s previous close.
Separately, Stifel Nicolaus assumed coverage on Arch Coal in a research note on Monday. They set a “buy” rating and a $81.00 price target on the stock.
Shares of Arch Coal (NASDAQ:ARCH) traded up 0.02% on Wednesday, reaching $66.50. The company had a trading volume of 294,352 shares. The firm’s 50 day moving average is $9.36 and its 200 day moving average is $2.66. Arch Coal has a 12 month low of $0.04 and a 12 month high of $70.00.
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