Research analysts at Stifel Nicolaus started coverage on shares of Arch Coal (NASDAQ:ARCH) in a report released on Monday. The firm set a “buy” rating and a $81.00 price target on the stock. Stifel Nicolaus’ price target indicates a potential upside of 21.80% from the company’s current price.
Separately, FBR & Co initiated coverage on Arch Coal in a report on Wednesday, October 5th. They set an “outperform” rating and a $71.00 price objective for the company.
Shares of Arch Coal (NASDAQ:ARCH) opened at 66.49 on Monday. The company’s 50 day moving average price is $9.36 and its 200 day moving average price is $2.66. Arch Coal has a 52-week low of $0.04 and a 52-week high of $70.00.