Coronado Loses Bear as Metallurgical Coal Prices Lift -- Market Talk

Dow Jones
01/20

2222 GMT - Coronado Global Resources disappears from UBS's sell list after metallurgical coal prices moved higher on supply disruptions in Australia's Queensland state and stabilizing demand. UBS upgrades Coronado to neutral and raises its price target by 76% to A$0.44/share. "Previously, we maintained a cautious stance due to the balance of market conditions and cost reduction risks during a period of peak financial leverage," says analyst Lachlan Shaw. "However, with the notable improvement in the outlook for the met coal market, we now identify significant value in Coronado." A step change in operating cash flow suggests Coronado can materially bring its debt down over the next 12 months. UBS now expects Coronado will be profitable from FY 2026, a year earlier than it previously thought. Coronado ended Monday at A$0.42. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

January 19, 2026 17:22 ET (22:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10