Contura Energy (CNTE) Price Target Raised to $76.00 at B. Riley

Contura Energy (OTCMKTS:CNTE) had its target price hoisted by B. Riley from $73.00 to $76.00 in a research note issued to investors on Tuesday morning. B. Riley currently has a buy rating on the energy company’s stock.

A number of other equities research analysts have also weighed in on CNTE. ValuEngine upgraded shares of Contura Energy from a hold rating to a buy rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Contura Energy from a sell rating to a hold rating in a report on Thursday, November 23rd. Finally, Clarkson Capital lowered shares of Contura Energy from a buy rating to a neutral rating in a report on Wednesday, January 17th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $79.33.

Shares of Contura Energy (OTCMKTS:CNTE) opened at $67.00 on Tuesday. The stock has a market cap of $698.78 and a PE ratio of 7.56. The company has a quick ratio of 1.43, a current ratio of 1.66 and a debt-to-equity ratio of 12.75. Contura Energy has a twelve month low of $54.00 and a twelve month high of $78.00.

Contura Energy (OTCMKTS:CNTE) last released its earnings results on Monday, November 27th. The energy company reported $1.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.41 by $0.41. Contura Energy had a net margin of 4.71% and a return on equity of 219.93%. research analysts expect that Contura Energy will post 7.61 earnings per share for the current fiscal year.

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Contura Energy Company Profile

Contura Energy, Inc is a diversified provider of metallurgical (met) and steam coal. The Company operates coal mines across three United States coal basins. The Company operates through four segments: Central Appalachia (CAPP) Operations, Northern Appalachia (NAPP) Operations, Powder River Basin (PRB) Operations and Trading and Logistics Operations.

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