Warrior Met Coal Inc. (HCC) Given a $27.00 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a $27.00 target price on Warrior Met Coal Inc. (NYSE:HCC) in a report published on Tuesday morning. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded Warrior Met Coal from a buy rating to a hold rating in a research report on Monday, September 11th. FBR & Co increased their price target on Warrior Met Coal from $20.00 to $21.00 and gave the company a mkt perform rating in a research report on Friday, July 21st. Morgan Stanley downgraded Warrior Met Coal from an overweight rating to an equal weight rating and decreased their price target for the company from $27.00 to $17.00 in a research report on Tuesday, June 27th. Macquarie started coverage on Warrior Met Coal in a research report on Thursday, September 7th. They set an underperform rating and a $24.00 price target for the company. Finally, MKM Partners started coverage on Warrior Met Coal in a research report on Wednesday, July 12th. They set a neutral rating and a $18.00 price target for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $25.82.

Warrior Met Coal (NYSE:HCC) opened at 23.29 on Tuesday. Warrior Met Coal has a 52-week low of $15.10 and a 52-week high of $27.62. The firm’s 50 day moving average price is $24.91 and its 200 day moving average price is $20.69. The firm has a market cap of $1.24 billion and a price-to-earnings ratio of 0.37.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.59. The company had revenue of $363.37 million during the quarter, compared to the consensus estimate of $321.75 million. Equities research analysts anticipate that Warrior Met Coal will post $4.08 EPS for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the business. First Mercantile Trust Co. purchased a new stake in Warrior Met Coal in the second quarter worth $131,000. The Manufacturers Life Insurance Company purchased a new stake in Warrior Met Coal in the second quarter worth $219,000. Tudor Investment Corp ET AL purchased a new stake in Warrior Met Coal in the second quarter worth $223,000. Royal Bank

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded Warrior Met Coal from a buy rating to a hold rating in a research report on Monday, September 11th. FBR & Co increased their price target on Warrior Met Coal from $20.00 to $21.00 and gave the company a mkt perform rating in a research report on Friday, July 21st. Morgan Stanley downgraded Warrior Met Coal from an overweight rating to an equal weight rating and decreased their price target for the company from $27.00 to $17.00 in a research report on Tuesday, June 27th. Macquarie started coverage on Warrior Met Coal in a research report on Thursday, September 7th. They set an underperform rating and a $24.00 price target for the company. Finally, MKM Partners started coverage on Warrior Met Coal in a research report on Wednesday, July 12th. They set a neutral rating and a $18.00 price target for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $25.82.

Warrior Met Coal (NYSE:HCC) opened at 23.29 on Tuesday. Warrior Met Coal has a 52-week low of $15.10 and a 52-week high of $27.62. The firm’s 50 day moving average price is $24.91 and its 200 day moving average price is $20.69. The firm has a market cap of $1.24 billion and a price-to-earnings ratio of 0.37.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.59. The company had revenue of $363.37 million during the quarter, compared to the consensus estimate of $321.75 million. Equities research analysts anticipate that Warrior Met Coal will post $4.08 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of international trademark and copyright law. The correct version of this piece can be accessed at https://ledgergazette.com/2017/10/11/warrior-met-coal-inc-hcc-given-a-27-00-price-target-by-royal-bank-of-canada-analysts.html.

A number of large investors have recently added to or reduced their stakes in the business. First Mercantile Trust Co. purchased a new stake in Warrior Met Coal in the second quarter worth $131,000. The Manufacturers Life Insurance Company purchased a new stake in Warrior Met Coal in the second quarter worth $219,000. Tudor Investment Corp ET AL purchased a new stake in Warrior Met Coal in the second quarter worth $223,000. Royal Bank of Canada purchased a new stake in Warrior Met Coal in the second quarter worth $228,000. Finally, Goldman Sachs Group Inc. purchased a new stake in Warrior Met Coal in the second quarter worth $289,000. 97.25% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Analyst Recommendations for Warrior Met Coal (NYSE:HCC)

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