Alpha Natural Resources PT Raised to $11.00 (ANR)

Alpha Natural Resources (NYSE: ANR) had its target price raised by Nomura from $8.00 to $11.00 in a report issued on Tuesday. They currently have a neutral rating on the stock.

Shares of Alpha Natural Resources opened at 9.13 on Tuesday. Alpha Natural Resources has a one year low of $5.28 and a one year high of $20.49. The stock’s 50-day moving average is currently $9.25. The company’s market cap is $2.014 billion.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Alpha Natural Resources from $12.00 to $13.00 in a research note to investors on Friday, February 15th. They now have a buy rating on the stock. Separately, analysts at Deutsche Bank reiterated a hold rating on shares of Alpha Natural Resources in a research note to investors on Friday, February 15th. They now have a $10.00 price target on the stock, up previously from $9.00. Finally, analysts at Credit Suisse raised their EPS on shares of Alpha Natural Resources in a research note to investors on Friday, February 15th. They now have a neutral rating and a $10.00 price target on the stock.

Ten investment analysts have rated the stock with a buy rating, two have issued an overweight rating, twelve have issued a hold rating, one has given an underweight rating, and one has given a sell rating to the stock. The stock currently has an average rating of overweight and an average target price of $11.30.

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