Wednesday, September 7, 2011

PPL (PPL) (AA) (ABX) (ACI) (BTU) (ANR) Get New Coverage

PPL Co. (NYSE: PPL), Alcoa Inc. (NYSE: AA), Barrick Gold Corp (NYSE: ABX), Arch Coal, Inc. (NYSE: ACI), Peabody Energy Corp. (NYSE: BTU) and Alpha Natural Resources (NYSE: ANR) getting new coverage from analysts.

Macquarie initiated coverage on PPL Co. (PPL). They placed a “Neutral” rating on the company.

Jefferies (NYSE:JEF) initiated coverage on Alcoa Inc. (AA). They placed a “Buy” rating and a price target of $16.00 on the company.

Jefferies initiated coverage on Barrick Gold Corp. (ABX). They placed a “Buy” rating and a price target of $65.00 on the company.

Jefferies initiated coverage on Arch Coal, Inc. (ACI). They placed a “Buy” rating and a price target of $30.00 on the company.

Jefferies initiated coverage on Peabody Energy Corp. (BTU). They placed a “Buy” rating and a price target of $65.00 on the company.

Jefferies initiated coverage on Alpha Natural Resources (ANR). They placed a “Buy” rating and a price target of $45.00 on the company.

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