Morgan Stanley Remains a Hold on Warrior Met Coal Llc (HCC)


In a report released today, Piyush Sood from Morgan Stanley maintained a Hold rating on Warrior Met Coal Llc (NYSE: HCC), with a price target of $29. The company’s shares closed yesterday at $28.05, close to its 52-week high of $31.65.

According to TipRanks.com, Sood has currently no stars on a ranking scale of 0-5 stars, with an average return of -9.1% and a 31.3% success rate. Sood covers the Basic Materials sector, focusing on stocks such as Schnitzer Steel Industries, United States Steel, and AK Steel Holding.

Currently, the analyst consensus on Warrior Met Coal Llc is a Moderate Buy with an average price target of $31, which is a 10.5% upside from current levels. In a report issued on September 19, B.Riley FBR also maintained a Hold rating on the stock with a $29 price target.

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Warrior Met Coal Llc’s market cap is currently $1.48B and has a P/E ratio of 3.06. The company has a Price to Book ratio of 4.70.

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Warrior Met Coal, Inc engages in the production and export of metallurgical coal. The firm extracts methane gas from the Blue Creek coal seam. The company was founded on September 3, 2015 and is headquartered in Brookwood, AL.

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