Analysts Set Centrus Energy Corp. (NYSE:LEU) Target Price at $143.40

Centrus Energy Corp. (NYSE:LEU - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $143.40.

A number of research firms have weighed in on LEU. HC Wainwright assumed coverage on shares of Centrus Energy in a research report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective for the company. Citigroup initiated coverage on Centrus Energy in a research note on Tuesday, March 4th. They set a "neutral" rating and a $104.00 price objective for the company. StockNews.com upgraded Centrus Energy to a "sell" rating in a report on Monday, February 10th. Finally, Craig Hallum began coverage on shares of Centrus Energy in a research report on Tuesday, April 1st. They set a "buy" rating and a $129.00 price target for the company.

Centrus Energy Stock Down 1.8 %

Shares of NYSE LEU traded down $1.26 during trading on Wednesday, reaching $68.31. 170,201 shares of the stock were exchanged, compared to its average volume of 679,484. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 15.48 and a beta of 1.26. The business's 50-day moving average price is $73.26 and its 200 day moving average price is $79.35. The company has a quick ratio of 2.46, a current ratio of 2.93 and a debt-to-equity ratio of 3.09. Centrus Energy has a twelve month low of $33.51 and a twelve month high of $122.95.

Insider Activity at Centrus Energy

In other news, SVP Larry B. Cutlip sold 4,000 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $120.31, for a total value of $481,240.00. Following the transaction, the senior vice president now directly owns 9,402 shares in the company, valued at approximately $1,131,154.62. This trade represents a 29.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company's stock.

Institutional Investors Weigh In On Centrus Energy

Several institutional investors and hedge funds have recently bought and sold shares of LEU. Barclays PLC boosted its stake in Centrus Energy by 103.8% in the third quarter. Barclays PLC now owns 37,588 shares of the company's stock valued at $2,061,000 after acquiring an additional 19,140 shares during the period. Geode Capital Management LLC boosted its position in Centrus Energy by 4.9% during the 3rd quarter. Geode Capital Management LLC now owns 319,935 shares of the company's stock valued at $17,552,000 after purchasing an additional 15,080 shares during the period. Tidal Investments LLC bought a new position in Centrus Energy during the 3rd quarter worth $334,000. JPMorgan Chase & Co. increased its position in Centrus Energy by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 6,288 shares of the company's stock worth $345,000 after buying an additional 186 shares during the period. Finally, SeaCrest Wealth Management LLC increased its position in Centrus Energy by 131.1% in the fourth quarter. SeaCrest Wealth Management LLC now owns 11,715 shares of the company's stock worth $780,000 after buying an additional 6,645 shares during the period. Institutional investors and hedge funds own 49.96% of the company's stock.

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.