NexGen Energy Ltd. (TSE:NXE – Get Free Report) has earned an average recommendation of “Buy” from the ten ratings firms that are currently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$13.13.
A number of equities analysts have weighed in on NXE shares. Ventum Financial upped their price target on shares of NexGen Energy from C$12.00 to C$14.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Royal Bank of Canada dropped their target price on shares of NexGen Energy from C$11.00 to C$10.00 and set an “outperform” rating for the company in a report on Monday, August 12th. Cormark decreased their price target on NexGen Energy from C$13.75 to C$13.00 in a report on Friday, August 2nd. National Bankshares set a C$11.00 price objective on NexGen Energy and gave the company an “outperform” rating in a research report on Wednesday, September 4th. Finally, Scotiabank cut their target price on NexGen Energy from C$12.50 to C$12.00 in a research report on Monday, August 19th.
Get Our Latest Stock Report on NXE
NexGen Energy Stock Performance
NexGen Energy (TSE:NXE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.02. Analysts forecast that NexGen Energy will post -0.07 EPS for the current 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.
Further Reading
- Five stocks we like better than NexGen Energy
- Pros And Cons Of Monthly Dividend Stocks
- Is Spotify Stock Poised to Soar? Options Traders Think So
- How to Capture the Benefits of Dividend Increases
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
Receive News & Ratings for NexGen Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexGen Energy and related companies with MarketBeat.com's FREE daily email newsletter.