Contura Energy (CNTE) Receives Buy Rating from FBR & Co
Contura Energy (OTC:CNTE)‘s stock had its “buy” rating reiterated by analysts at FBR & Co in a research note issued to investors on Wednesday. They presently have a $96.00 price objective on the energy company’s stock. FBR & Co’s price objective would suggest a potential upside of 54.84% from the stock’s current price.
Separately, Zacks Investment Research downgraded Contura Energy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 1st.
Shares of Contura Energy (CNTE) traded up 0.16% during mid-day trading on Wednesday, hitting $62.10. The stock had a trading volume of 36,173 shares. The stock has a 50 day moving average of $63.38 and a 200-day moving average of $72.07. Contura Energy has a 52 week low of $23.00 and a 52 week high of $79.00. The stock has a market capitalization of $664.41 million and a P/E ratio of 6.85.
About Contura Energy
Contura Energy Inc, located in Bristol, Tennessee, owns and operates coal mines. The Company was founded in 2016.
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