Separately, Macquarie initiated coverage on shares of Peabody Energy in a research note on Thursday, September 7th. They issued a hold rating and a $30.00 price objective for the company.
Shares of Peabody Energy (NASDAQ:BTUUQ) opened at 0.383 on Thursday. Peabody Energy has a one year low of $0.55 and a one year high of $18.75.
Peabody Energy Company Profile
Peabody Energy Corporation is a coal company, which is engaged in the mining of thermal coal for sale primarily to electric utilities and metallurgical coal for sale to industrial customers. Its mining operations are located in the United States and Australia. Its segments are Powder River Basin Mining, Midwestern U.S.
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