FBR & Co Analysts Give Contura Energy (CNTE) a $84.00 Price Target

Contura Energy (OTC:CNTE) has been assigned a $84.00 target price by equities researchers at FBR & Co in a research report issued to clients and investors on Wednesday. The firm presently has a “buy” rating on the energy company’s stock. FBR & Co’s target price indicates a potential upside of 40.05% from the stock’s previous close.

Several other analysts also recently weighed in on CNTE. Zacks Investment Research cut Contura Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 1st. ValuEngine cut Contura Energy from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st.

Contura Energy (OTC CNTE) opened at 59.98 on Wednesday. The firm has a 50-day moving average price of $63.38 and a 200-day moving average price of $72.07. Contura Energy has a 12-month low of $54.00 and a 12-month high of $79.00. The company has a market cap of $641.73 million and a P/E ratio of 6.61.

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Contura Energy Company Profile

Contura Energy Inc, located in Bristol, Tennessee, owns and operates coal mines. The Company was founded in 2016.

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