Arch Coal, Inc. Class A (NASDAQ:ARCH) has been assigned an average rating of “Buy” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $94.00.

Several analysts have recently commented on the stock. Jefferies Group LLC set a $90.00 price target on shares of Arch Coal, Inc. Class A and gave the company a “buy” rating in a research note on Thursday, June 1st. FBR & Co raised their price objective on shares of Arch Coal, Inc. Class A from $103.00 to $105.00 and gave the company an “outperform” rating in a research note on Monday, May 8th. MKM Partners reaffirmed a “buy” rating and issued a $89.00 price objective (up from $86.00) on shares of Arch Coal, Inc. Class A in a research note on Tuesday, May 9th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $96.00 price objective (up from $89.00) on shares of Arch Coal, Inc. Class A in a research note on Wednesday, May 3rd. Finally, Zacks Investment Research cut shares of Arch Coal, Inc. Class A from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 11th.

A number of large investors have recently bought and sold shares of ARCH. OppenheimerFunds Inc. purchased a new stake in Arch Coal, Inc. Class A during the first quarter valued at $227,270,000. FMR LLC purchased a new stake in Arch Coal, Inc. Class A during the fourth quarter valued at $66,261,000. Ladenburg Thalmann Financial Services Inc. purchased a new stake in Arch Coal, Inc. Class A during the fourth quarter valued at $107,000. Quadrature Capital Ltd purchased a new stake in Arch Coal, Inc. Class A during the fourth quarter valued at $205,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in Arch Coal, Inc. Class A during the first quarter valued at $4,286,000.

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Shares of Arch Coal, Inc. Class A (NASDAQ:ARCH) opened at 68.26 on Monday. The company has a market cap of $1.71 billion and a PE ratio of 1.04. The company’s 50-day moving average price is $69.12 and its 200 day moving average price is $71.57. Arch Coal, Inc. Class A has a one year low of $59.05 and a one year high of $86.47.

Arch Coal, Inc. Class A (NASDAQ:ARCH) last released its quarterly earnings results on Tuesday, May 2nd. The energy company reported $2.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.95 by $0.60. The company had revenue of $600.97 million for the quarter, compared to the consensus estimate of $590.60 million. During the same period last year, the company earned ($9.71) earnings per share. Arch Coal, Inc. Class A’s revenue for the quarter was up 40.4% compared to the same quarter last year. Equities analysts forecast that Arch Coal, Inc. Class A will post $10.05 EPS for the current fiscal year.

The company also recently announced a special dividend, which was paid on Thursday, June 15th. Shareholders of record on Wednesday, May 31st were issued a $0.35 dividend. The ex-dividend date was Friday, May 26th.

About Arch Coal, Inc. Class A

Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.

Analyst Recommendations for Arch Coal, Inc. Class A (NASDAQ:ARCH)

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