NexGen Energy (TSE:NXE – Get Free Report) had its target price hoisted by investment analysts at National Bankshares from C$11.00 to C$13.00 in a research note issued on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 24.28% from the company’s current price.
NXE has been the subject of a number of other research reports. Ventum Cap Mkts raised shares of NexGen Energy to a “strong-buy” rating in a research report on Monday, July 8th. TD Securities dropped their price target on NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. National Bank Financial raised NexGen Energy to a “strong-buy” rating in a report on Tuesday, September 3rd. Ventum Financial upped their price objective on NexGen Energy from C$12.00 to C$14.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Finally, Scotiabank cut their target price on NexGen Energy from C$12.50 to C$12.00 in a research note on Monday, August 19th. Seven equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$13.38.
View Our Latest Research Report on NXE
NexGen Energy Stock Performance
NexGen Energy (TSE:NXE – Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C($0.02) EPS for the quarter, topping the consensus estimate of C($0.04) by C$0.02. On average, research analysts expect that NexGen Energy will post -0.07 earnings per share for the current fiscal year.
NexGen Energy Company Profile
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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