The FBR & Co Reiterates Outperform Rating for Arch Coal (ARCH)

The FBR & Co Reiterates Outperform Rating for Arch Coal (ARCH)

Arch Coal (NASDAQ:ARCH)‘s stock had its “outperform” rating restated by investment analysts at FBR & Co in a research report issued to clients and investors on Wednesday. They currently have a $71.00 price target on the stock. FBR & Co’s target price would indicate a potential upside of 6.02% from the company’s previous close.

Separately, Stifel Nicolaus began coverage on shares of Arch Coal in a research note on Monday. They set a “buy” rating and a $81.00 price objective for the company.

Arch Coal (NASDAQ:ARCH) opened at 66.97 on Wednesday. Arch Coal has a 1-year low of $0.04 and a 1-year high of $70.00. The stock’s 50 day moving average is $13.19 and its 200 day moving average is $3.59.

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