Bank of America Reiterates Buy on CONSOL Energy as Top Pick in US Coal Market
November 26, 2013 at 11:14 AM EST
In a report published Tuesday, Bank of America analyst Timna Tanners reiterated a Buy rating and $43.00 price target on CONSOL Energy (NYSE: CNX ). In the report, Bank of America noted, “Our $43 PO uses a combination of NAV for gas and forward 7.5x 2014-15E EV/EBITDA for coal, in
