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

U.S. Energy (NASDAQ:USEG)‘s stock had its “buy” rating restated by equities researchers at D. Boral Capital in a research note issued on Thursday,Benzinga reports. They presently have a $3.50 price target on the energy company’s stock. D. Boral Capital’s target price would indicate a potential upside of 157.35% from the stock’s current price.

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

U.S. Energy Stock Up 7.9 %

Shares of U.S. Energy stock opened at $1.36 on Thursday. U.S. Energy has a 52-week low of $0.81 and a 52-week high of $6.40. The company’s 50-day simple moving average is $2.04 and its 200-day simple moving average is $1.61. The firm has a market cap of $47.82 million, a price-to-earnings ratio of -1.03 and a beta of 0.69.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in USEG. Scissortail Wealth Management LLC purchased a new stake in U.S. Energy during the fourth quarter worth about $73,000. Renaissance Technologies LLC boosted its holdings in U.S. Energy by 24.6% during the fourth quarter. Renaissance Technologies LLC now owns 62,900 shares of the energy company’s stock worth $103,000 after buying an additional 12,400 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in U.S. Energy by 27.1% during the fourth quarter. Geode Capital Management LLC now owns 111,528 shares of the energy company’s stock worth $182,000 after buying an additional 23,756 shares in the last quarter. 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.