NexGen Energy Ltd. (TSE:NXE – Get Free Report) has received a consensus rating of “Buy” from the ten analysts that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is C$12.89.
A number of brokerages recently weighed in on NXE. Ventum Financial boosted their price objective on shares of NexGen Energy from C$12.00 to C$14.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. National Bank Financial raised NexGen Energy to a “strong-buy” rating in a research report on Tuesday, September 3rd. TD Securities decreased their target price on 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. Ventum Cap Mkts raised shares of NexGen Energy to a “strong-buy” rating in a report on Monday, July 8th. Finally, Royal Bank of Canada decreased their price objective on shares of 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.
View Our Latest Stock Analysis on NXE
NexGen Energy Trading Down 0.3 %
NexGen Energy (TSE:NXE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.02) EPS for the quarter, beating the consensus estimate of C($0.04) by C$0.02. As a group, equities analysts predict that NexGen Energy will post -0.07 earnings per share for the current fiscal year.
Insider Transactions at NexGen Energy
In other NexGen Energy news, Director Bradley John Wall sold 188,000 shares of the business’s stock in a transaction dated Friday, July 12th. The stock was sold at an average price of C$7.42, for a total transaction of C$1,395,336.00. 7.96% of the stock is currently owned by company insiders.
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.
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