In a report issued on July 12, Sam Crittenden from RBC Capital maintained a Hold rating on Warrior Met Coal (HCC – Research Report), with a price target of $40.00. The company’s shares closed last Thursday at $29.61.
According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 14.1% and a 48.1% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Freeport-McMoRan.
Currently, the analyst consensus on Warrior Met Coal is a Strong Buy with an average price target of $45.20.
Warrior Met Coal’s market cap is currently $1.54B and has a P/E ratio of 4.82.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HCC in relation to earlier this year.
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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.
Read More on HCC:
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- Atkore International Group (ATKR) Gets a Buy Rating from RBC Capital
- RBC Capital Sticks to Their Buy Rating for Centennial Resource Development (CDEV)
- RBC Capital Sticks to Its Buy Rating for Ivanhoe Mines (IVPAF)
- Chemours Company (CC) Gets a Buy Rating from RBC Capital