Analysts at Dahlman Rose decreased their price target on shares of Arch Coal (NYSE: ACI) from $9.00 to $8.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase downgraded shares of Arch Coal from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday. Separately, analysts at BMO Capital Markets cut their price target on shares of Arch Coal from $8.00 to $7.00 in a research note to investors on Tuesday. They now have a “market perform” rating on the stock. Finally, analysts at Tudor Pickering upgraded shares of Arch Coal from an “accumulate” rating to a “buy” rating in a research note to investors on Wednesday, December 12th.
Ten analysts have rated the stock with a buy rating, ten have issued a hold rating, one has given an underweight rating, and four have assigned a sell rating to the stock. The company has a consensus rating of “hold” and a consensus target price of $8.50.