At $36.41 Peabody Energy Corporation (BTU) Forms Double Top

April 17, 2018 - By Patrick Harkless

Peabody Energy Corporation (NYSE:BTU) Corporate Logo

The double top chart setup of Peabody Energy Corporation (BTU) has $38.23 price target or 5.00 % above today’s $36.41 share price. The $4.61 billion company points out low risk because of the 7 months chart setup. posted the double top chart setup on Apr, 17. $230.30M more could be BTU valuation at $38.23 share price.

The stock increased 2.13% or $0.76 during the last trading session, reaching $36.41.Peabody Energy Corporation has volume of 91,116 shares. Since April 17, 2017 BTU has 0.00% and is . BTU underperformed by 11.55% the S&P500.

Analysts await Peabody Energy Corporation (NYSE:BTU) to report earnings on May, 3. They expect $1.21 earnings per share, down 82.21 % or $5.59 from last year’s $6.8 per share. BTU’s profit will be $153.07M for 7.52 P/E if the $1.21 EPS becomes a reality. After $1.52 actual earnings per share reported by Peabody Energy Corporation for the previous quarter, Wall Street now forecasts -20.39 % negative EPS growth.

Peabody Energy Corporation (NYSE:BTU) Ratings Coverage

In total 5 analysts cover Peabody Energy (NYSE:BTU). “Buy” rating has 4, “Sell” are 0, while 1 are “Hold”. 80% are bullish. With $5100 highest and $38 lowest [Target] Peabody Energy has $45.60 average [Target] or 25.24% above the current ($36.41) price. 6 are the (NYSE:BTU)’s analyst reports since November 14, 2017 according to StockzIntelligence Inc. On Monday, April 2 the rating was maintained by FBR Capital with “Buy”. On Monday, January 22 the company was maintained by Seaport Global. On Friday, March 16 JP Morgan maintained the shares of BTU in report with “Overweight” rating. On Tuesday, January 16 Stifel Nicolaus maintained Peabody Energy Corporation (NYSE:BTU) with “Hold” rating.

Peabody Energy Corporation (NYSE:BTU) Analyst Ratings Chart

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