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James River Coal Şirketi Message Board

  • garsden garsden Mar 11, 2013 8:58 AM Flag

    UPDATE: Deutsche Bank Lowers PT on James River Coal Company on 4Q EPS Loss

    In a report published Monday, Deutsche Bank reiterated its Hold rating on James River Coal Company (NASDAQ: JRCC [FREE Stock Trend Analysis]), but slightly lowered its price target from $3.25 to $2.50.

    Deutsche Bank noted, “JRCC reported 4Q adjusted EPS loss of $1.59, vs. DBe/ consensus of $1.19 loss / $1.41 loss and a loss of $1.23 loss in 3Q12. Adjusted EPS excludes 62c for goodwill impairment charge and a gain from the repurchase of outstanding debt. Following 4Q results, our forecasts have been lowered mainly to reflect lower forward shipments and we've have lowered our PT to $2.50 (was $3.25).”

    James River Coal Company closed on Friday at $2.66.

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JRCC
0.250.00(0.00%)Apr 16 4:00 PMEDT