Market Overview

UPDATE: Dahlman Rose & Co. Initiates Coverage on Alliance Resource Partners

Share:
Related ARLP
15 Stocks Which Rallied Four Days, Then Sold Off Yesterday
Peabody Troubles Could Harm Joy Global's Ability To Hit Guidance
Coal Leads Basic Materials Dogs To Dividend Safety In September (Seeking Alpha)

According to a research report published this morning, Dahlman Rose & Co. has initiated Alliance Resource Partners (NASDAQ: ARLP) with a Buy rating and $74 PT.

In the report, Dahlman Rose & Co. said, "Alliance is one of the largest thermal coal producers in the Illinois Basin and also has operations in Northern Appalachia and Central Appalachia. The company has a highly contracted book, allowing for a more stable earnings profile relative to other coal names, and also making it a stable issuer of a strong, growing distribution."

Alliance Resource Partners closed Friday at $56.67.

Latest Ratings for ARLP

DateFirmActionFromTo
Dec 2015Deutsche BankDowngradesBuyHold
Oct 2015Deutsche BankMaintainsBuy
Sep 2015FBR CapitalInitiates Coverage onOutperform

View More Analyst Ratings for ARLP
View the Latest Analyst Ratings

Posted-In: Dahlman Rose & Co.Analyst Color Initiation Analyst Ratings

 

Related Articles (ARLP)

View Comments and Join the Discussion!