Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Peabody Energy (BTU) Share Price
News coverage about Peabody Energy (NYSE:BTU) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Peabody Energy earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media headlines about the coal producer an impact score of 46.416108086785 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- ETFs with exposure to Peabody Energy Corp. : December 26, 2017 (finance.yahoo.com)
- Traders Buy High Volume of Put Options on Peabody Energy (BTU) (americanbankingnews.com)
- Peabody Energy (BTU) Upgraded at Zacks Investment Research (americanbankingnews.com)
- Zacks Investment Research Downgrades Peabody Energy (BTU) to Hold (americanbankingnews.com)
Shares of Peabody Energy (NYSE BTU) traded down $0.38 during mid-day trading on Thursday, hitting $38.71. The stock had a trading volume of 561,000 shares, compared to its average volume of 1,204,080. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.75 and a quick ratio of 1.47. Peabody Energy has a twelve month low of $22.58 and a twelve month high of $39.15.
A number of research analysts have issued reports on BTU shares. FBR & Co set a $35.00 price target on Peabody Energy and gave the company a “buy” rating in a report on Monday, September 11th. Macquarie started coverage on Peabody Energy in a report on Thursday, September 7th. They issued a “neutral” rating and a $30.00 price target for the company. ValuEngine downgraded Peabody Energy from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Zacks Investment Research raised Peabody Energy from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research note on Wednesday, October 25th. Finally, Jefferies Group started coverage on Peabody Energy in a research note on Tuesday, November 14th. They set a “buy” rating and a $38.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $37.11.
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About Peabody Energy
Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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