Today, FBR & Co Increases Arch Coal (ARCH) Price Target to $94.00

Today, FBR & Co Increases Arch Coal (ARCH) Price Target to $94.00
Arch Coal (NASDAQ:ARCH) had its price target lifted by FBR & Co from $90.00 to $94.00 in a research report issued on Wednesday. The brokerage currently has an “outperform” rating on the stock. FBR & Co’s target price indicates a potential upside of 19.59% from the company’s current price.

ARCH has been the subject of a number of other research reports. Seaport Global Securities began coverage on Arch Coal in a research note on Thursday, November 10th. They issued a “buy” rating and a $95.00 price target for the company. Stifel Nicolaus began coverage on Arch Coal in a research note on Monday, October 10th. They issued a “buy” rating and a $81.00 price target for the company.

Arch Coal (NASDAQ:ARCH) opened at 78.60 on Wednesday. Arch Coal has a one year low of $0.04 and a one year high of $86.47. The stock’s market cap is $1.96 billion. The company’s 50-day moving average price is $72.75 and its 200-day moving average price is $18.97.

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