Brokerage Firm Rating Update on Alliance Resource Partners L.P. (ARLP)

Alliance Resource Partners L.P. (ARLP) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.


For the current week, the company shares have a recommendation consensus of Buy.

Alliance Resource Partners L.P. (NASDAQ:ARLP): stock was range-bound between the intraday low of $20.85 and the intraday high of $22.08 after having opened at $21.62 on Wednesdays session. The stock finally closed in the red at $21.62, a loss of -2.55%. The stock remained in the red for the whole trading day. The total traded volume was 310,146 shares. The stock failed to cross $22.08 in Wednesdays trading. The stocks closing price on Thursday was $21.56.

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through four segments: the Illinois Basin, Appalachia, White Oak Resources LLC (White Oak), and Other and Corporate. The Companys Illinois Basin mining operations are located in western Kentucky, southern Illinois and southern Indiana. The Companys Appalachian mining operations are located in eastern Kentucky, Maryland and West Virginia. It owns, and operates the coal handling and processing facilities, and provides mine products and services. The Company also develops and markets additional services, including ash and scrubber sludge removal, coal yard maintenance and arranging alternate transportation services.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.