B.Riley FBR Keeps Their Hold Rating on Warrior Met Coal Llc (HCC)

By Carrie Williams

In a report released today, Lucas Pipes from B.Riley FBR maintained a Hold rating on Warrior Met Coal Llc (NYSE: HCC), with a price target of $29. The company’s shares closed yesterday at $25.95.

According to TipRanks.com, Pipes is a 4-star analyst with an average return of 7.5% and a 61.9% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Newmont Mining Corporation, and Novagold Resources Inc New.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warrior Met Coal Llc with a $31.67 average price target.

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Warrior Met Coal Llc’s market cap is currently $1.37B and has a P/E ratio of 2.83. The company has a Price to Book ratio of 4.35.

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Warrior Met Coal, Inc engages in the production and export of metallurgical coal. The firm extracts methane gas from the Blue Creek coal seam. The company was founded on September 3, 2015 and is headquartered in Brookwood, AL.