Peabody Energy Corporation found using ticker (BTU) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 39 and 31 calculating the average target price we see 33.6. Given that the stocks previous close was at 28.42 this indicates there is a potential upside of 18.2%. The 50 day moving average now sits at 28.43 while the 200 day moving average is 24.93. The company has a market capitalisation of $3,995m. Company Website: https://www.peabodyenergy.com
The potential market cap would be $4,723m based on the market concensus.
Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Indonesia, China, Vietnam, South Korea, and internationally. The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments. It is involved in mining, preparation, and sale of thermal coal primarily to electric utilities; mining bituminous and sub-bituminous coal deposits; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal. The company supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers. As of December 31, 2021, it owned interests in 17 coal mining operations located in the United States and Australia; and had approximately 2.5 billion tons of proven and probable coal reserves and approximately 450,000 acres of surface property through ownership and lease agreements. The company also engages in direct and brokered trading of coal and freight-related contracts, as well as provides transportation-related services. Peabody Energy Corporation was founded in 1883 and is headquartered in St. Louis, Missouri.
