Stock analysts at FBR & Co started coverage on shares of Arch Coal (NASDAQ:ARCH) in a research note issued on Wednesday. The brokerage set an “outperform” rating and a $71.00 price target on the stock. FBR & Co’s price target suggests a potential upside of 15.80% from the stock’s current price.
Shares of Arch Coal (NASDAQ:ARCH) opened at 61.31 on Wednesday. The firm’s 50-day moving average is $3.85 and its 200-day moving average is $1.25. Arch Coal has a 12-month low of $0.04 and a 12-month high of $70.00.
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