Whitehaven Coal (OTCMKTS:WHITF) Upgraded at Zacks Research

Zacks Research upgraded shares of Whitehaven Coal (OTCMKTS:WHITF) to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

Several other research analysts have also weighed in on WHITF. Jefferies Financial Group reiterated a “buy” rating on shares of Whitehaven Coal in a research note on Monday, February 16th. The Goldman Sachs Group lowered shares of Whitehaven Coal from a “hold” rating to a “sell” rating and set a $6.10 price objective on the stock. in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Whitehaven Coal currently has a consensus rating of “Hold” and an average price target of $6.10.

Whitehaven Coal Trading Up 2.9%

Whitehaven Coal stock opened at $6.10 on Wednesday. The firm’s 50 day moving average price is $6.08 and its two-hundred day moving average price is $5.48. Whitehaven Coal has a twelve month low of $3.13 and a twelve month high of $6.85.

Whitehaven Coal Company Profile

Whitehaven Coal (OTCMKTS:WHITF) is an Australian coal producer primarily engaged in the exploration, development, production and sale of coal in New South Wales. The company’s operating assets are located in the resource-rich Gunnedah Basin and the Hunter Valley region, where it develops both open-cut and underground mining projects. Whitehaven focuses on delivering high-quality coal products to industrial and power generation markets.

The company’s main operating mines include Maules Creek, Narrabri and its flagship Whitehaven Mine, each equipped with modern mining and processing facilities.