Core Natural Resources (NYSE:CNR) Given New $78.00 Price Target at UBS Group

Core Natural Resources (NYSE:CNR - Get Free Report) had its price target decreased by stock analysts at UBS Group from $80.00 to $78.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the energy company's stock. UBS Group's target price suggests a potential upside of 7.17% from the company's current price.

A number of other equities analysts have also commented on the stock. B. Riley cut their price target on shares of Core Natural Resources from $136.00 to $119.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Benchmark dropped their target price on Core Natural Resources from $112.00 to $105.00 and set a "buy" rating for the company in a research report on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $120.40.

Core Natural Resources Price Performance

Shares of Core Natural Resources stock traded down $0.47 during trading on Thursday, hitting $72.78. 637,106 shares of the company's stock traded hands, compared to its average volume of 949,521. Core Natural Resources has a twelve month low of $58.19 and a twelve month high of $134.59. The company has a market cap of $3.83 billion, a PE ratio of 15.04 and a beta of 0.68. The firm's fifty day moving average price is $70.89 and its 200 day moving average price is $88.22. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.89 and a quick ratio of 1.34.

Core Natural Resources (NYSE:CNR - Get Free Report) last posted its earnings results on Thursday, May 8th. The energy company reported ($1.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($3.12). Core Natural Resources had a return on equity of 8.32% and a net margin of 4.29%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $964.15 million. Analysts forecast that Core Natural Resources will post 11.4 earnings per share for the current year.

Institutional Investors Weigh In On Core Natural Resources

Several large investors have recently made changes to their positions in the company. Versant Capital Management Inc bought a new position in shares of Core Natural Resources during the first quarter valued at approximately $25,000. EverSource Wealth Advisors LLC acquired a new stake in Core Natural Resources during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. purchased a new position in Core Natural Resources during the first quarter worth approximately $29,000. Farther Finance Advisors LLC purchased a new position in shares of Core Natural Resources in the first quarter valued at approximately $30,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Core Natural Resources in the first quarter valued at approximately $31,000. 86.54% of the stock is owned by institutional investors.

About Core Natural Resources

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.