Arch Coal Inc Receives a Hold from J.P. Morgan

By Ryan Adsit

J.P. Morgan analyst John Bridges maintained a Hold rating on Arch Coal Inc (NYSE: ARCH) today and set a price target of $94. The company’s shares opened today at $93.87, close to its 52-week high of $99.53.

According to, Bridges is ranked 0 out of 5 stars with an average return of -10.3% and a 30.6% success rate. Bridges covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Wheaton Precious Metals Corp, and Newmont Mining Corporation.

Arch Coal Inc has an analyst consensus of Strong Buy, with a price target consensus of $108.

Arch Coal Inc’s market cap is currently $2.06B and has a P/E ratio of 9.32. The company has a book value ratio of 3.0609.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.

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Arch Coal, Inc. engages in the production and distribution of thermal coal. It operates through the following segments: Powder River Basin; Metallurgical; Other Thermal; and Corporate, Other and Eliminations. The Powder River Basin segment consists of primary thermal operations in Wyoming.