Brokerage Firm Rating Update on Cloud Peak Energy Inc (CLD)

Cloud Peak Energy Inc (CLD) : 1 brokerage houses believe that Cloud Peak Energy Inc (CLD) is a Strong Buy at current levels. Zacks Investment Research suggests a Strong Buy with a rank of 1. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 3 Wall Street Analysts endorse the stock as a Sell with a rating of 3.67.

Cloud Peak Energy Inc (CLD) : The most positive equity analysts on Cloud Peak Energy Inc (CLD) expects the shares to touch $6, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $3.08 with an expected fluctuation of $2.1 from the mean.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm FBR Capital maintains its rating on Cloud Peak Energy Inc (NYSE:CLD). The rating major has initiated the coverage with underperform rating on the shares. The Analysts at FBR Capital raises the price target from $1.25 per share to $1.75 per share. The rating by the firm was issued on July 29, 2016.

Cloud Peak Energy Inc (NYSE:CLD): stock was range-bound between the intraday low of $3.88 and the intraday high of $4.24 after having opened at $4.14 on Wednesdays session. The stock finally closed in the red at $4.14, a loss of -5.08%. The stock remained in the red for the whole trading day. The total traded volume was 1,496,704 shares. The stock failed to cross $4.24 in Wednesdays trading. The stocks closing price on Thursday was $4.13.

Cloud Peak Energy Inc. is a holding company that manages its 100% owned subsidiary, Cloud Peak Energy Resources LLC (CPE Resources). The Company is a producer of coal in the United States of America and the Powder River basin (PRB). The Company operates in three segments: Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other. The Owned and Operated Mines segment focuses on thermal coal production. The Logistics and Related Activities segment delivers coal to the customer at a terminal or the customers plant or other delivery point, remote from its mine site. The Corporate and Other segment includes results relating to broker activity, its share of the Decker mine operations. The Company operates in the PRB, where it operates three surface coal mines, which include the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. It also has two development projects, including the Youngs Creek project and the Crow project.

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