In a report released on November 7, Sam Crittenden from RBC Capital maintained a Hold rating on Warrior Met Coal (HCC – Research Report), with a price target of $60.00. The company’s shares closed yesterday at $45.60.
According to TipRanks, Crittenden is a 5-star analyst with an average return of 15.2% and a 48.41% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Hudbay Minerals, and Ivanhoe Mines.
In addition to RBC Capital, Warrior Met Coal also received a Hold from Benchmark Co.’s Nathan Martin in a report issued on November 2. However, on November 6, Jefferies maintained a Buy rating on Warrior Met Coal (NYSE: HCC).
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HCC market cap is currently $2.4B and has a P/E ratio of 5.35.
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Warrior Met Coal (HCC) Company Description:
Warrior Met Coal, Inc engages in the production and export of metallurgical coal. The firm extracts methane gas from the Blue Creek coal seam. It also sells natural gas, which is extracted as a by-product from coal production. The company was founded on September 3, 2015 and is headquartered in Brookwood, AL.
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