Brokerages Set Arch Coal Inc (NYSE:ACI) PT at $3.98
Shares of Arch Coal Inc (NYSE:ACI) have been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $3.98.
Separately, JPMorgan Chase & Co. raised shares of Arch Coal to a “hold” rating in a report on Tuesday, September 13th.
About Arch Coal
Arch Coal, Inc is a coal producer. The Company is engaged in the production of thermal and metallurgical coal from surface and underground mines located throughout the United States, for sale to utility, industrial and steel producers both in the United States and around the world. The Company operates mining complexes in West Virginia, Kentucky, Maryland, Virginia, Illinois, Wyoming and Colorado.
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