Peabody Energy Co. (BTUUQ) Earns Buy Rating from FBR & Co
Peabody Energy Co. (NASDAQ:BTUUQ)‘s stock had its “buy” rating restated by equities researchers at FBR & Co in a research note issued on Wednesday. They currently have a $35.00 price objective on the coal producer’s stock.
Separately, Macquarie began coverage on Peabody Energy in a research note on Thursday, September 7th. They set a “hold” rating and a $30.00 price objective for the company.
Shares of Peabody Energy (BTUUQ) traded up 0.000% during trading on Wednesday, hitting $0.383. Peabody Energy has a one year low of $0.55 and a one year high of $18.75.
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Peabody Energy Company Profile
Peabody Energy Corporation is a coal company, which is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Its mining operations are located in the United States and Australia. Its segments are Powder River Basin Mining, Midwestern U.S.
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