“Peabody Energy Corporation (BTU) has been reiterated by TheStreet Ratings as a hold with a ratings score of C . The company’s strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.”
,” the firm’s analyst wrote.
A number of other analysts have also recently weighed in on BTU. Analysts at BMO Capital Markets cut their price target on shares of Peabody Energy from $32.00 to $30.00 in a research note to investors on Wednesday, January 30th. They now have an outperform rating on the stock. Separately, analysts at Nomura reiterated a reduce rating on shares of Peabody Energy in a research note to investors on Wednesday, January 30th. They now have a $22.00 price target on the stock. Finally, analysts at BB&T reiterated a buy rating on shares of Peabody Energy in a research note to investors on Tuesday, January 29th. They now have a $35.00 price target on the stock.
Sixteen analysts have rated the stock with a buy rating, seven have issued a hold rating, one has issued an underweight rating, and two have issued a sell rating to the company’s stock. The stock presently has a consensus rating of overweight and a consensus target price of $31.74.
Shares of Peabody Energy traded down 0.70% during mid-day trading on Friday, hitting $24.23. Peabody Energy has a one year low of $18.78 and a one year high of $37.00. The stock’s 50-day moving average is currently $25.31. The company’s market cap is $6.452 billion.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, February 28th. Stockholders of record on Thursday, February 7th will be paid a dividend of $0.09 per share. This represents a $0.34 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Tuesday, February 5th.
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