Warrior Met Coal Llc Receives a Buy from BMO Capital

By Jason Carr

BMO Capital analyst David Gagliano reiterated a Buy rating on Warrior Met Coal Llc (NYSE: HCC) today and set a price target of $32. The company’s shares opened today at $22.80.

According to TipRanks.com, Gagliano is a 3-star analyst with an average return of 3.0% and a 46.8% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Cloud Peak Energy Inc, Ramaco Resources Inc, and United States Steel.

Warrior Met Coal Llc has an analyst consensus of Moderate Buy, with a price target consensus of $34.60.

Based on Warrior Met Coal Llc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $240 million and quarterly net profit of $97.16 million. In comparison, last year the company earned revenue of $254 million and had a net profit of $108 million.

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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.