Warrior Met Coal (HCC) Gets a Buy Rating from B.Riley Financial

B.Riley Financial analyst Lucas Pipes maintained a Buy rating on Warrior Met Coal (HCC) on August 18 and set a price target of $26.00. The company’s shares closed last Monday at $18.36.

According to TipRanks.com, Pipes has 0 stars on 0-5 stars ranking scale with an average return of -8.3% and a 38.4% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as International Tower Hill Mines, Hecla Mining Company, and SilverCrest Metals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warrior Met Coal with a $21.25 average price target, representing a 19.9% upside. In a report issued on August 6, Credit Suisse also maintained a Buy rating on the stock with a $24.00 price target.

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The company has a one-year high of $23.73 and a one-year low of $9.46. Currently, Warrior Met Coal has an average volume of 667.6K.

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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. It also sells natural gas, which is extracted as a by-product from coal production. The company was founded on September 3, 2015 and is headquartered in Brookwood, AL.

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