NexGen Energy (TSE:NXE – Free Report) had its price target increased by Raymond James from C$12.00 to C$13.50 in a report published on Wednesday morning,BayStreet.CA reports. Raymond James also issued estimates for NexGen Energy’s FY2024 earnings at ($0.07) EPS and FY2025 earnings at ($0.09) EPS.
A number of other research firms also recently issued reports on NXE. TD Securities dropped their target price on shares of NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Cormark cut their target price on shares of NexGen Energy from C$13.75 to C$13.00 in a research note on Friday, August 2nd. National Bank Financial raised shares of NexGen Energy to a “strong-buy” rating in a research report on Tuesday, September 3rd. Royal Bank of Canada lowered their price target on 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. Finally, Ventum Financial boosted their price objective on NexGen Energy from C$12.00 to C$14.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Seven analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$14.42.
Check Out Our Latest Report on NexGen Energy
NexGen Energy Stock Performance
NexGen Energy (TSE:NXE – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported C($0.05) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.01). During the same period last year, the firm earned ($0.03) earnings per share. Equities research analysts anticipate that NexGen Energy will post -0.07 earnings per share for the current year.
About NexGen Energy
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
- Market Cap Calculator: How to Calculate Market Cap
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
- Election Stocks: How Elections Affect the Stock Market
- MarketBeat Week in Review – 11/18 – 11/22
- Technology Stocks Explained: Here’s What to Know About Tech
- 2 Finance Stocks With Competitive Advantages You Can’t Ignore
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.