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NexGen Energy Ltd. (TSE:NXE) Receives Consensus Rating of "Buy" from Analysts

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Key Points

  • Analyst consensus: Five brokerages currently rate NexGen Energy (TSE:NXE) a Buy, with an average 1‑year price target of C$17.56 and several firms recently raising targets (Stifel to C$22; TD and UBS to C$20).
  • Stock and financial snapshot: Shares traded at C$16.78 (1‑year range C$5.59–C$18.91) with a C$10.98B market cap, but the company reported negative EPS (C($0.06) last quarter; consensus -0.07 FY), alongside mixed liquidity/leverage metrics (current ratio 0.50, quick ratio 8.20, debt/equity 64.51).
  • Project focus: NexGen is developing the Rook I uranium project—positioned as a low‑cost, large‑scale producer supported by an NI 43‑101 Feasibility Study and emphasized ESG standards.
  • Five stocks to consider instead of NexGen Energy.

Shares of NexGen Energy Ltd. (TSE:NXE - Get Free Report) have earned a consensus recommendation of "Buy" from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$17.56.

A number of research firms recently issued reports on NXE. Stifel Nicolaus boosted their price objective on NexGen Energy from C$20.00 to C$22.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. UBS Group set a C$20.00 price target on NexGen Energy and gave the company a "buy" rating in a research note on Thursday. National Bank Financial upped their price objective on NexGen Energy from C$18.00 to C$19.00 and gave the company an "outperform" rating in a research note on Friday, February 6th. Haywood Securities raised their price objective on shares of NexGen Energy from C$12.50 to C$15.00 in a report on Monday, November 10th. Finally, TD Securities boosted their target price on shares of NexGen Energy from C$15.00 to C$20.00 in a report on Thursday, January 22nd.

Check Out Our Latest Analysis on NXE

NexGen Energy Stock Performance

Shares of NexGen Energy stock traded down C$0.63 during trading on Thursday, hitting C$16.78. 2,496,241 shares of the stock were exchanged, compared to its average volume of 2,586,479. NexGen Energy has a 1-year low of C$5.59 and a 1-year high of C$18.91. The stock has a market capitalization of C$10.98 billion, a price-to-earnings ratio of -28.44 and a beta of 1.70. The company has a fifty day moving average price of C$15.97 and a 200-day moving average price of C$13.27. The company has a current ratio of 0.50, a quick ratio of 8.20 and a debt-to-equity ratio of 64.51.

NexGen Energy (TSE:NXE - Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported C($0.06) earnings per share for the quarter. As a group, equities analysts predict that NexGen Energy will post -0.07 EPS for the current fiscal year.

About NexGen Energy

(Get Free Report)

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.

Further Reading

Analyst Recommendations for NexGen Energy (TSE:NXE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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