BMO Capital Markets Maintains Outperform Rating and $80 PT on Walter Energy

BMO Capital Markets maintains its Outperform Rating and $80 price target on Walter Energy WLT in a research report out today. In the report, BMO Capital Markets writes, "Walter reported Q4/11 EPS of US$1.34, well below consensus of US$1.58. BMO Research maintains the Outperform rating and US$80 target price. Walter remains the go-to name for high quality, export met coal exposure in a large liquid stock." Shares of Walter Energy are currently trading at $65.50, up 0.34% from yesterday's close.