Analysts Set Centrus Energy Corp. (NYSE:LEU) Price Target at $161.33

Shares of Centrus Energy Corp. (NYSE:LEU) have earned a consensus recommendation of “Hold” from the five analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $147.00.

A number of analysts have commented on the company. Citigroup began coverage on Centrus Energy in a report on Tuesday. They issued a “neutral” rating and a $104.00 target price for the company. StockNews.com raised Centrus Energy to a “sell” rating in a research report on Monday, February 10th. Finally, HC Wainwright started coverage on Centrus Energy in a research report on Tuesday, February 25th. They issued a “buy” rating and a $300.00 target price for the company.

Insider Activity

In related news, SVP Larry B. Cutlip sold 4,000 shares of Centrus Energy stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $120.31, for a total value of $481,240.00. Following the completion of the sale, the senior vice president now owns 9,402 shares of the company’s stock, valued at $1,131,154.62. The trade was a 29.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cape Investment Advisory Inc. bought a new position in shares of Centrus Energy in the 4th quarter worth approximately $27,000. PNC Financial Services Group Inc. increased its holdings in Centrus Energy by 77.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 440 shares of the company’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. State of Wyoming bought a new position in Centrus Energy in the fourth quarter worth approximately $33,000. Altshuler Shaham Ltd purchased a new position in shares of Centrus Energy during the 4th quarter worth $49,000. Finally, National Bank of Canada FI bought a new stake in shares of Centrus Energy during the 4th quarter valued at $51,000. 49.96% of the stock is owned by hedge funds and other institutional investors.

Centrus Energy Price Performance

Shares of LEU opened at $79.72 on Tuesday. Centrus Energy has a twelve month low of $33.51 and a twelve month high of $122.95. The company has a market capitalization of $1.34 billion, a P/E ratio of 18.08 and a beta of 1.35. The firm has a 50 day moving average of $87.01 and a 200 day moving average of $73.50. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09.

About Centrus Energy

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.