5 Analysts Have This to Say About Arch Resources
Portfolio Pulse from Benzinga Insights
Arch Resources (NYSE:ARCH) has received 5 analyst ratings in the last quarter, with 3 being bullish and 2 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target among these analysts is $182.00, with a high of $197.00 and a low of $170.00. This target has decreased by 1.22% from the previous target of $184.25. Analyst ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.
November 17, 2023 | 4:00 pm
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POSITIVE IMPACT
Arch Resources has a positive outlook from analysts with 5 bullish ratings and an average price target of $182, which has slightly decreased from the previous target.
The unanimous bullish sentiment from analysts suggests a positive short-term impact on ARCH's stock price. However, the slight decrease in the average price target may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100