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Enter Symbol:
 
Alpha Natural Resources, Inc. (ANR) [hlAlert]

Rating:
Neutral ANR

Alpha Natural Resources, Inc. (ANR) downgraded to Neutral by Davenport

Posted on: Tuesday,  Jun 10, 2008  12:25 PM ET by Davenport

Davenport rated Neutral Alpha Natural Resources, Inc. (NYSE: ANR) on 06/10/2008. Previously Davenport rated Buy Alpha Natural Resources,
Inc. (NYSE: ANR) on 07/02/2007., when the stock price was $20.91. Since then, Alpha Natural Resources, Inc. has gained 316.36% of its value until Davenport rated ANR Strong Buy on 06/10/2008, when the price was $87.06. .

Alpha Natural Resources is a leading Central Appalachian coal producer that also has significant operations in Northern Appalachia. Their reserves primarily consist of high Btu, low sulfur steam coal and metallurgical coal. They produce, process and sell steam and metallurgical coal from eight regional business units supported by active underground mines, active surface mines and preparation plants located throughout Virginia, West Virginia, Kentucky, Pennsylvania and Colorado.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/24/2011 11:25 AM Buy
None
56.71 65.00
as of 12/24/2008
1 Week up  13.28 %
1 Month down  -4.69 %
3 Months up  19.03 %
1 YTD up  41.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 2:25 PM Buy
None
41.43 60.00
10/15/2009 3:25 PM Buy
None
38.58 48.00
9/11/2009 11:25 AM Buy
None
36.11 44.00
9/3/2009 12:25 PM Buy
None
33.77 46.00
6/10/2008 12:25 PM Hold
None
87.06
7/2/2007 1:25 PM Buy
None
20.91 24.00
7/2/2007 1:25 PM Buy
None
20.91 24.00

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