Jefferies slashes price target on Peabody Energy Corp [BTU] – find out why.

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Peabody Energy Corp [NYSE: BTU] stock went on an upward path that rose over 6.40% on Thursday, amounting to a one-week price increase of more than 7.49%.

Over the last 12 months, BTU stock rose by 11.36%. The one-year Peabody Energy Corp stock forecast points to a potential upside of 10.95. The average equity rating for BTU stock is currently 1.50, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $3.31 billion, with 128.70 million shares outstanding and 125.06 million shares in the current float. Compared to the average trading volume of 2.72M shares, BTU stock reached a trading volume of 5627785 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Peabody Energy Corp [BTU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTU shares is $29.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTU stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Peabody Energy Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 07, 2022. The new note on the price target was released on October 29, 2021, representing the official price target for Peabody Energy Corp stock. Previously, the target price had yet another raise from $15 to $22, while B. Riley Securities kept a Buy rating on BTU stock.

The Average True Range (ATR) for Peabody Energy Corp is set at 0.83, with the Price to Sales ratio for BTU stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 0.90, with the Price to Cash per share for the same quarter was set at 4.94. Price to Free Cash Flow for BTU in the course of the last twelve months was 4.53 with Quick ratio for the last quarter at 1.92.

BTU Stock Performance Analysis:

Peabody Energy Corp [BTU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.49. With this latest performance, BTU shares gained by 1.31% in over the last four-week period, additionally plugging by 21.96% over the last 6 months – not to mention a rise of 11.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTU stock in for the last two-week period is set at 61.46, with the RSI for the last a single of trading hit 65.52, and the three-weeks RSI is set at 59.72 for Peabody Energy Corp [BTU]. The present Moving Average for the last 50 days of trading for this stock 24.19, while it was recorded at 25.06 for the last single week of trading, and 23.83 for the last 200 days.

Insight into Peabody Energy Corp Fundamentals:

Peabody Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.92 and a Current Ratio set at 2.49.

Peabody Energy Corp [BTU] Institutonal Ownership Details

There are presently around $92.87%, or 93.33%% of BTU stock, in the hands of institutional investors. The top three institutional holders of BTU stocks are: BLACKROCK INC. with ownership of 17.15 million shares, which is approximately 13.3873%. VANGUARD GROUP INC, holding 14.07 million shares of the stock with an approximate value of $$311.31 million in BTU stocks shares; and VANGUARD GROUP INC, currently with $$160.48 million in BTU stock with ownership which is approximately 5.6637%.