Goldman Sachs Group Inc. restated their neutral rating on shares of Peabody Energy Corp. (NYSE:BTU) in a research note issued to investors on Friday, American Banking and Market News reports.
Goldman Sachs Group Inc. has also updated their ratings on a number of other energy stocks in the last week. The firm reiterated its buy rating on shares of Solazyme Inc.. They have a $14.00 price target on that stock. Also, Goldman Sachs Group Inc. initiated coverage on shares of Rosetta Resources Inc.. They issued a neutral rating on that stock. Finally, Goldman Sachs Group Inc. initiated coverage on shares of Gulfport Energy Corp.. They issued a buy rating on that stock.
BTU has been the subject of a number of other recent research reports. Analysts at Macquarie initiated coverage on shares of Peabody Energy Corp. (NYSE:BTU) in a research note to investors on Friday, September 6th. They set a neutral rating on the stock. Separately, analysts at TheStreet downgraded shares of Peabody Energy Corp. (NYSE:BTU) from a hold rating to a sell rating in a research note to investors on Wednesday, August 14th. Finally, analysts at Zacks reiterated a neutral rating on shares of Peabody Energy Corp. (NYSE:BTU) in a research note to investors on Thursday, July 25th. They now have a $17.00 price target on the stock. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. Peabody Energy Corp. presently has a consensus rating of Hold and a consensus target price of $25.35.
Peabody Energy Corp. (NYSE:BTU) opened at 17.18 on Friday. Peabody Energy Corp. has a one year low of $14.34 and a one year high of $29.84. The stock has a 50-day moving average of $17.84 and a 200-day moving average of $18.33. The company’s market cap is $4.636 billion.
Peabody Energy Corp. (NYSE:BTU) last announced its earnings results on Tuesday, July 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.38. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was down 12.9% on a year-over-year basis. Analysts expect that Peabody Energy Corp. will post $0.14 EPS for the current fiscal year.
Peabody Energy Corporation (NYSE:BTU) is a private-sector coal company.
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