D. Boral Capital Reiterates Buy Rating for U.S. Energy (NASDAQ:USEG)

U.S. Energy (NASDAQ:USEG)‘s stock had its “buy” rating reiterated by D. Boral Capital in a report released on Monday,Benzinga reports. They presently have a $2.00 target price on the energy company’s stock. D. Boral Capital’s target price points to a potential downside of 8.26% from the company’s current price.

Separately, StockNews.com started coverage on shares of U.S. Energy in a report on Saturday. They issued a “hold” rating for the company.

U.S. Energy Trading Down 3.1 %

NASDAQ USEG opened at $2.18 on Monday. The business has a fifty day simple moving average of $1.66 and a 200 day simple moving average of $1.30. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $2.43. The firm has a market capitalization of $60.96 million, a P/E ratio of -1.65 and a beta of 0.63.

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.