Deutsche Bank reaffirmed their hold rating on shares of Alpha Natural Resources (NYSE: ANR) in a report issued on Friday. They currently have a $10.00 target price on the stock, up from their previous target price of $9.00.
“ANR reported 4Q adjusted EPS loss of $0.19, vs. DBe of $0.57 loss on better operating results, lower D&A and tax items. Also, adjusted EPS excluded $0.39/sh of M&A, UBB exps and other non-op charges. Following 4Q results, our EPS estimates are mostly unchanged as higher EBITDA is largely offset by non-operating items. Maintain Hold,” Deutsche Bank’s analyst wrote.
Alpha Natural Resources traded up 0.21% on Friday, hitting $9.50. Alpha Natural Resources has a 1-year low of $5.28 and a 1-year high of $20.49. The stock’s 50-day moving average is currently $9.26. The company’s market cap is $2.095 billion.
A number of other analysts have also recently weighed in on ANR. Analysts at Credit Suisse raised their EPS on shares of Alpha Natural Resources in a research note to investors on Friday. They now have a neutral rating and a $10.00 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Alpha Natural Resources from $8.00 to $9.00 in a research note to investors on Friday. They now have a market perform rating on the stock. Finally, analysts at CRT Capital downgraded shares of Alpha Natural Resources from a buy rating to a fair value rating in a research note to investors on Friday, February 8th. They now have a $8.00 price target on the stock.
Ten research analysts have rated the stock with a buy rating, two have given an overweight rating, twelve have assigned a hold rating, one has given an underweight rating, and one has assigned a sell rating to the company’s stock. The company currently has a consensus rating of overweight and a consensus price target of $11.25.
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