B.Riley FBR analyst Lucas Pipes maintained a Buy rating on Peabody Energy Corporation Comm (NYSE: BTU) today and set a price target of $54. The company’s shares closed yesterday at $42.99.
According to TipRanks.com, Pipes is a 4-star analyst with an average return of 7.5% and a 61.9% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Novagold Resources Inc New, and CONSOL Coal Resources LP.
Peabody Energy Corporation Comm has an analyst consensus of Moderate Buy, with a price target consensus of $54.
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The company has a one-year high of $47.84 and a one-year low of $28.08. Currently, Peabody Energy Corporation Comm has an average volume of 952.6K.
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Peabody Energy Corp. engages in the business of coal mining. It operates through the following segments: Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, and Trading & Brokerage. The Powder River Basin Mining segment operations consist of its mines in Wyoming. The Midwestern U.
