August 16, 2019 - 3:47 PM EDT
Peabody Energy: The End Game








Peabody Energy: The End Game

Peabody Energy (NYSE:BTU) has just released an investor presentation that looks like all is well even though the coal market is soft, and the market consensus on BTU is mostly “strong buy” with a consensus 12 month target of $34.50. So is this a good time to take a stake in BTU? The fact that the share price has more than halved in the past year (52 week high/low of $44.71/$17.20) might be cause for pause. Here I suggest that there is a big negative story about BTU (and the coal industry in

Read more ...


Source: SeekingAlpha (August 16, 2019 - 3:47 PM EDT)