Cloud Peak Energy Inc (NYSE:CLD) received a $4.00 price target from analysts at BMO Capital Markets in a note issued to investors on Saturday. The firm currently has a “hold” rating on the mining company’s stock. BMO Capital Markets’ target price suggests a potential upside of 23.84% from the company’s current price.

Other research analysts have also issued reports about the company. MKM Partners restated a “neutral” rating and issued a $4.00 target price (down from $6.00) on shares of Cloud Peak Energy in a research note on Wednesday, May 10th. BidaskClub lowered Cloud Peak Energy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. ValuEngine lowered Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Zacks Investment Research lowered Cloud Peak Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 23rd. Finally, Stifel Nicolaus set a $7.00 target price on Cloud Peak Energy and gave the company a “buy” rating in a research note on Monday, May 1st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $5.41.

Cloud Peak Energy (CLD) opened at 3.23 on Friday. The firm’s market cap is $242.67 million. The firm has a 50-day moving average of $3.49 and a 200-day moving average of $4.16. Cloud Peak Energy has a 12-month low of $2.90 and a 12-month high of $8.03.

Cloud Peak Energy (NYSE:CLD) last issued its earnings results on Thursday, July 27th. The mining company reported ($0.04) EPS for the quarter, meeting analysts’ consensus estimates of ($0.04). The business had revenue of $229.20 million during the quarter, compared to analyst estimates of $236.94 million. Cloud Peak Energy had a positive return on equity of 0.54% and a negative net margin of 0.47%. Cloud Peak Energy’s revenue was up 31.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.48 earnings per share. On average, analysts expect that Cloud Peak Energy will post ($0.42) EPS for the current year.

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Hedge funds have recently made changes to their positions in the stock. Thrivent Financial for Lutherans boosted its stake in shares of Cloud Peak Energy by 7.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 33,280 shares of the mining company’s stock worth $187,000 after buying an additional 2,270 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Cloud Peak Energy by 23.5% in the first quarter. Louisiana State Employees Retirement System now owns 30,500 shares of the mining company’s stock worth $140,000 after buying an additional 5,800 shares during the period. Shell Asset Management Co. bought a new stake in shares of Cloud Peak Energy during the first quarter worth $1,175,000. Russell Investments Group Ltd. boosted its stake in shares of Cloud Peak Energy by 44.3% in the first quarter. Russell Investments Group Ltd. now owns 1,200,432 shares of the mining company’s stock worth $5,498,000 after buying an additional 368,260 shares during the period. Finally, Great West Life Assurance Co. Can boosted its stake in shares of Cloud Peak Energy by 25.5% in the first quarter. Great West Life Assurance Co. Can now owns 95,198 shares of the mining company’s stock worth $435,000 after buying an additional 19,366 shares during the period. Hedge funds and other institutional investors own 82.05% of the company’s stock.

About Cloud Peak Energy

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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