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Enter Symbol:

Equal Weight
down 99.72 %

PATRIOT COAL CORPORATION (PCX) rated Equal Weight with price target $15 by Barclays Capital

Posted on: Thursday,  Nov 3, 2011  1:25 PM ET by Barclays Capital

Barclays Capital rated Equal Weight PATRIOT COAL CORPORATION (OTCBB: PCXCQ) on 11/03/2011. Previously Barclays Capital rated Overweight PATRIOT COAL CORPORATION (OTCBB: PCXCQ)
on 10/14/2008., when the stock price was $21.40. Since then, PATRIOT COAL CORPORATION has lost 99.72% as of 12/13/2013's recent price of $0.06.
If you would have followed the previous Barclays Capital's recommendation on PCXCQ, you would have lost 99.72% of your investment in 1886 days.

Patriot Coal Corporation (Patriot) is a producer of coal in the eastern United States, with operations and coal reserves in Appalachia and the Illinois Basin. It is also a producer of metallurgical quality coal. The Company?s operations consist of 16 mining complexes which include company operated mines, contractor-operated mines and coal preparation facilities. One of its mining complexes is located in northern West Virginia, 12 are located in southern West Virginia and three are located in western Kentucky. Patriot ships coal to electric utilities, industrial users and metallurgical coal customers via various company owned and third-party loading facilities and multiple rail and river transportation routes. In July 2008, Patriot completed the acquisition of Magnum Coal Company. In January 2009, the Company closed its Jupiter mining complex.

Barclays Capital has assembled a world-class, award-winning team of analysts covering, credit, commodities, economics, emerging markets, equities, fixed income, foreign exchange and market strategy. We provide in-depth analysis of companies and macro coverage across asset classes, markets and the world’s economies. We have a highly quantitative approach and our research is underpinned by sophisticated analytics. Combined, these provide clients with the tools and insights necessary for successful risk management and financing. Our research teams are based in many of the world’s major financial centres providing our clients with a globally integrated perspective across products and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2011 1:25 PM Buy
11.82 15.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/17/2010 1:25 PM Buy
10.89 15.00
4/29/2010 12:25 PM Buy
20.61 26.00
10/14/2008 8:25 AM Buy

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