NexGen Energy (TSE:NXE – Free Report) had its price target upped by Raymond James from C$12.00 to C$14.00 in a report released on Tuesday morning, BayStreet.CA reports.
Other equities analysts also recently issued research reports about the company. Eight Capital upped their target price on NexGen Energy from C$13.00 to C$21.00 and gave the company a buy rating in a report on Monday, January 15th. Scotiabank set a C$13.50 target price on NexGen Energy and gave the company an outperform rating in a report on Monday, April 1st. Finally, Cormark upped their target price on NexGen Energy from C$11.50 to C$13.75 in a report on Thursday, February 8th.
Check Out Our Latest Stock Analysis on NexGen Energy
NexGen Energy Price Performance
NexGen Energy (TSE:NXE – Get Free Report) last issued its 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). On average, analysts forecast 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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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