U.S. Energy (NASDAQ:USEG) Earns “Buy” Rating from D. Boral Capital

U.S. Energy (NASDAQ:USEG)‘s stock had its “buy” rating reiterated by analysts at D. Boral Capital in a report released on Thursday,Benzinga reports. They presently have a $3.50 price target on the energy company’s stock. D. Boral Capital’s target price indicates a potential upside of 157.35% from the stock’s previous close.

Separately, StockNews.com raised shares of U.S. Energy from a “sell” rating to a “hold” rating in a research report on Thursday.

U.S. Energy Price Performance

Shares of USEG opened at $1.36 on Thursday. U.S. Energy has a 1-year low of $0.81 and a 1-year high of $6.40. The stock has a market cap of $47.82 million, a PE ratio of -1.03 and a beta of 0.69. The firm has a fifty day moving average price of $2.04 and a 200 day moving average price of $1.61.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC increased its stake in U.S. Energy by 24.6% in the fourth quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock valued at $103,000 after purchasing an additional 12,400 shares during the period. Geode Capital Management LLC increased its stake in U.S. Energy by 27.1% in the fourth quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock valued at $182,000 after purchasing an additional 23,756 shares during the period. Finally, Scissortail Wealth Management LLC acquired a new position in U.S. Energy in the fourth quarter valued at $73,000. 3.00% of the stock is currently owned by institutional investors and hedge funds.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.