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Thoughts on Whitehaven Coal (WHC)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Thoughts on Whitehaven Coal (WHC)

Hi James & Team. I have done well buying WHC following your recommendation & adding to the position in light of the positive outlook from your analyst. Does your team expect further upside in WHC amidst the current market volatility & what is the target price? Thanks & regards, Sidney.

Answer

Hi Sidney,

We are still bullish WHC but I wouldn’t be surprised to see some rotation around the $2.80-$3.60 region over the coming weeks / months following its huge rally, however we believe it represents great value into any weakness under $3.

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Whitehaven Coal (WHC)
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