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Peabody Energy Corporation (BTU) [hlAlert]

Rating:
Neutral BTU

Peabody Energy Corporation (BTU) rated Neutral with price target $56 by HSBC Securities

Posted on: Friday,  Jan 18, 2008  8:25 AM ET by HSBC Securities

Peabody Energy (BTU) rated
Neutral with price target $56 by HSBC Securities.

Peabody Energy is the largest private-sector coal company in the world. They offer a broad portfolio of coal supplies including coal produced from operations that Peabody Energy manages or owns majority interests in along with brokered coal secured by Peabody Coaltrade.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2009 8:25 AM Buy
None
47.12 57.00
as of 12/24/2008
1 Week up  7.86 %
1 Month down  -5.23 %
3 Months up  14.74 %
1 YTD down  -49.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/18/2008 8:25 AM Hold
None
49.35 56.00
7/17/2007 9:25 AM Hold
None
47.54 55.00

(*) Stock Price at the time of the recommendation.
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