In a report released today, Lucas Pipes from B.Riley FBR maintained a Buy rating on CONSOL Coal Resources LP (NYSE: CCR), with a price target of $22. The company’s shares closed yesterday at $15.05.
According to TipRanks.com, Pipes is a 4-star analyst with an average return of 8.3% and a 65.4% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Novagold Resources Inc New, and Hallador Energy Company.
Currently, the analyst consensus on CONSOL Coal Resources LP is a Moderate Buy with an average price target of $22.
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The company has a one-year high of $16.95 and a one-year low of $12.56. Currently, CONSOL Coal Resources LP has an average volume of 19.29K.
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CONSOL Coal Resources LP engages in the development of active thermal coal operations. It manages Pennsylvania mining complex, which consists of underground mines, namely Bailey, Enlow Fork, and Harvey. The company was founded on March 16, 2015 and is headquartered in Canonsburg, PA.
