Contura Energy (CNTE) Price Target Raised to $88.00 at B. Riley
Contura Energy (OTCMKTS:CNTE) had its price target upped by investment analysts at B. Riley from $83.00 to $88.00 in a research note issued to investors on Friday. The firm currently has a “buy” rating on the energy company’s stock. B. Riley’s target price points to a potential upside of 27.08% from the company’s previous close.
Several other equities research analysts have also issued reports on CNTE. ValuEngine lowered Contura Energy from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd. Zacks Investment Research lowered Contura Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 2nd. Finally, Clarkson Capital raised Contura Energy from a “neutral” rating to a “buy” rating in a research report on Monday, April 30th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. Contura Energy currently has an average rating of “Hold” and an average price target of $83.00.
Shares of Contura Energy stock traded up $0.05 on Friday, hitting $69.25. 2,110 shares of the company’s stock traded hands, compared to its average volume of 10,073. The stock has a market cap of $720.18 million, a P/E ratio of 7.23 and a beta of 0.88. Contura Energy has a 52-week low of $54.00 and a 52-week high of $80.00.
About Contura Energy
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.
Recommended Story: Investing in Growth Stocks
Receive News & Ratings for Contura Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Contura Energy and related companies with MarketBeat.com's FREE daily email newsletter.