NexGen Energy (TSE:NXE - Get Free Report ) had its price objective lowered by Raymond James from C$13.50 to C$13.00 in a research report issued on Thursday, BayStreet.CA reports. Raymond James' price target indicates a potential upside of 18.07% from the company's current price.
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NXE has been the topic of a number of other research reports. Scotiabank set a C$13.50 price objective on shares of NexGen Energy and gave the stock an "outperform" rating in a report on Monday, April 1st. Cormark raised their price target on shares of NexGen Energy from C$11.50 to C$13.75 in a report on Thursday, February 8th. Finally, Eight Capital upped their price objective on NexGen Energy from C$13.00 to C$21.00 and gave the stock a "buy" rating in a report on Monday, January 15th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$13.28.
View Our Latest Stock Report on NXE
NexGen Energy Price Performance TSE:NXE traded up C$0.49 on Thursday, reaching C$11.01. The stock had a trading volume of 4,156,937 shares, compared to its average volume of 2,289,287. The company has a market capitalization of C$5.94 billion, a P/E ratio of 68.81 and a beta of 1.82. The stock has a fifty day moving average price of C$10.70 and a 200-day moving average price of C$9.78. The company has a quick ratio of 8.20, a current ratio of 11.00 and a debt-to-equity ratio of 19.56. NexGen Energy has a 1-year low of C$4.91 and a 1-year high of C$12.14.
NexGen Energy (TSE:NXE - Get Free Report ) last released its quarterly earnings results on Wednesday, March 6th. The company reported C($0.08) earnings per share for the quarter, missing analysts' consensus estimates of C($0.02) by C($0.06). Research analysts forecast that NexGen Energy will post -0.07 EPS for the current year.
About NexGen Energy (
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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.
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