UBS Maintains a 'Buy' on Arch Coal Inc (ACI); Acquisition Complete - Updating Estimates

UBS maintains a 'Buy' on Arch Coal Inc (NYSE: ACI), PT increased by $1 to $43.

UBS analyst says, "Updating Estimates for the Combined Entity - We are updating our 2011, 2012, and 2013 estimates to $2.99, $5.90, and $5.31 from $3.10, $5.61 and $5.29 to reflect combined operations and synergies. During the 2Q call, ACI anticipates providing earnings guidance for the combined entity as well as a preliminary update on synergy targets and estimated integration costs."

For more ratings news on Arch Coal Inc click here and for the rating history of Arch Coal Inc click here.

Shares of Arch Coal Inc closed at $25.10 yesterday.

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