Goldman Weighs In On Coal Sector; Chooses SunCoke And Consol Energy As Frontrunners; Recommends Arch Coal At Sell

Goldman Sachs once again made waves Friday morning after it transferred coverage of coal stocks from Brian Singer to Neil Mehta, initiating the sector with a Neutral rating. While Mehta noted that the sector still faces major challenges ranging from coal plant retirements, to low met/thermal prices relative to historical averages,