In a report released today, Nathan Martin from Benchmark Co. maintained a Hold rating on Warrior Met Coal (HCC – Research Report). The company’s shares closed yesterday at $60.78.
Martin covers the Basic Materials sector, focusing on stocks such as Arch Resources, Suncoke Energy, and Teck Resources. According to TipRanks, Martin has an average return of 33.6% and a 73.97% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Warrior Met Coal with a $67.33 average price target, implying a 10.78% upside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $60.00 price target.
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Based on Warrior Met Coal’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $423.49 million and a net profit of $85.38 million. In comparison, last year the company earned a revenue of $390.18 million and had a net profit of $98.4 million
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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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