RBC Capital Sticks to Their Hold Rating for Warrior Met Coal (HCC)
In a report released yesterday, Sam Crittenden from RBC Capital maintained a Hold rating on Warrior Met Coal (HCC – Research Report), with a price target of $60.00.
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Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. According to TipRanks, Crittenden has an average return of 16.4% and a 54.25% success rate on recommended stocks.
In addition to RBC Capital, Warrior Met Coal also received a Hold from Benchmark Co.'s Nathan Martin in a report issued on May 1. However, on the same day, B.Riley Financial maintained a Buy rating on Warrior Met Coal (NYSE: HCC).
Based on Warrior Met Coal's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $299.94 million and a GAAP net loss of $8.17 million. In comparison, last year the company earned a revenue of $503.51 million and had a net profit of $136.99 million
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