UBS AG analysts lifted their EPS forecast for shares of Peabody Energy Corp. (NYSE:BTU) in a research note released on Wednesday morning, ARN reports. They currently have a $36.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Tudor Pickering downgraded shares of Peabody Energy Corp. from a buy rating to an accumulate rating in a research note to investors on Wednesday. Separately, analysts at Cowen and Company reiterated a market perform rating on shares of Peabody Energy Corp. in a research note to investors on Monday, June 24th. They now have a $20.25 price target on the stock. Finally, analysts at Merrill Lynch cut their price target on shares of Peabody Energy Corp. from $20.00 to $15.00 in a research note to investors on Thursday, June 20th. They now have an underperform rating on the stock.
Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $25.35.
Peabody Energy Corp. (NYSE: BTU) opened at 16.40 on Wednesday. Peabody Energy Corp. has a 52-week low of $14.34 and a 52-week high of $29.84. The stock’s 50-day moving average is currently $16.16. The company’s market cap is $4.422 billion.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 29th. Investors of record on Thursday, August 8th will be paid a dividend of $0.09 per share. This represents a $0.34 annualized dividend and a dividend yield of 2.07%.
Peabody Energy Corporation (NYSE: BTU) is a private-sector coal company.