BMO Capital Believes Warrior Met Coal Llc (NYSE: HCC) Won’t Stop Here

By Ryan Adsit

In a report released yesterday, David Gagliano from BMO Capital reiterated a Buy rating on Warrior Met Coal Llc (NYSE: HCC), with a price target of $39. The company’s shares closed yesterday at $30.93, close to its 52-week high of $31.19.

According to TipRanks.com, Gagliano is a 4-star analyst with an average return of 5.0% and a 50.3% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Noranda Aluminum Holding Corporation, Wheaton Precious Metals Corp, and CNX Resources Corporation.

Currently, the analyst consensus on Warrior Met Coal Llc is Moderate Buy and the average price target is $31.75, representing a 2.7% upside.

In a report issued on January 30, Credit Suisse also reiterated a Buy rating on the stock with a $35 price target.

The company has a one-year high of $31.19 and a one-year low of $9.44. Currently, Warrior Met Coal Llc has an average volume of 877.5K.

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