B. Riley Securities Sticks to Its Buy Rating for Core Natural Resources (CNR)
B. Riley Securities analyst Nick Giles maintained a Buy rating on Core Natural Resources today and set a price target of $119.00.
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According to TipRanks, Giles is a 5-star analyst with an average return of 54.8% and a 73.39% success rate. Giles covers the Basic Materials sector, focusing on stocks such as Alcoa, Century Aluminum, and Endeavour Silver.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Core Natural Resources with a $126.33 average price target.
Based on Core Natural Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.04 billion and a GAAP net loss of $78.98 million. In comparison, last year the company earned a revenue of $569.78 million and had a net profit of $30.82 million
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