Excel Coal
SB Citigroup has rated the Excel Coal (EXL) stock as an Upgrade to Buy from Hold, High Risk with their price target rising to $10.15 from $8.62. The reason for the rise was that the broker had increased their commodity price forecasts and hence suggested that Excel Coal is the best thermal coal play with earnings growth potential. Excel Coal Limited is listed on the Australian Stock Exchange under stock code EXL. Check your charts.
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