RBC Capital Keeps Their Hold Rating on Warrior Met Coal (HCC)
RBC Capital analyst Sam Crittenden maintained a Hold rating on Warrior Met Coal on December 10 and set a price target of $85.00. The company’s shares closed yesterday at $80.29.
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According to TipRanks, Crittenden is a top 100 analyst with an average return of 27.1% and a 67.11% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Hudbay Minerals, and First Quantum Minerals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warrior Met Coal with a $82.60 average price target, representing a 2.88% upside. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $86.00 price target.
Based on Warrior Met Coal’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $327.88 million and a net profit of $36.6 million. In comparison, last year the company earned a revenue of $327.72 million and had a net profit of $41.77 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HCC in relation to earlier this year. Last month, Brian Chopin, the CAO of HCC sold 2,083.00 shares for a total of $170,227.67.
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