Arch Coal (NASDAQ:ARCH) – FBR & Co lifted their Q3 2016 earnings per share (EPS) estimates for Arch Coal in a research report issued on Thursday. FBR & Co analyst L. Pipes now expects that the brokerage will post earnings per share of $0.32 for the quarter, up from their prior forecast of $0.28. FBR & Co currently has a “Outperform” rating and a $71.00 target price on the stock.
Separately, Stifel Nicolaus initiated coverage on Arch Coal in a research note on Monday. They set a “buy” rating and a $81.00 price target on the stock.
Shares of Arch Coal (NASDAQ:ARCH) traded up 1.08% during midday trading on Friday, hitting $67.69. The stock had a trading volume of 401,476 shares. Arch Coal has a one year low of $0.04 and a one year high of $70.00. The firm’s 50-day moving average is $13.19 and its 200 day moving average is $3.59.
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