NexGen Energy (TSE:NXE) Given New C$13.75 Price Target at Haywood Securities

NexGen Energy (TSE:NXE) had its price objective boosted by Haywood Securities from C$12.50 to C$13.75 in a report published on Wednesday,BayStreet.CA reports.

Several other equities research analysts have also recently weighed in on the company. TD Securities reduced their price target on NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Cormark reduced their target price on shares of NexGen Energy from C$13.75 to C$13.00 in a research report on Friday, August 2nd. Ventum Financial lifted their price target on shares of NexGen Energy from C$12.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Royal Bank of Canada cut their price objective on shares of NexGen Energy from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a report on Monday, August 12th. Finally, National Bank Financial raised shares of NexGen Energy to a “strong-buy” rating in a research note on Tuesday, September 3rd. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, NexGen Energy presently has an average rating of “Buy” and a consensus price target of C$13.86.

NexGen Energy Trading Down 1.5 %

Shares of NXE opened at C$11.65 on Wednesday. NexGen Energy has a 1-year low of C$7.04 and a 1-year high of C$12.14. The company has a current ratio of 1.20, a quick ratio of 8.20 and a debt-to-equity ratio of 39.09. The firm’s 50-day moving average price is C$9.48 and its 200-day moving average price is C$9.45. The firm has a market capitalization of C$6.58 billion, a price-to-earnings ratio of 68.53 and a beta of 1.76.

NexGen Energy (TSE:NXE) last posted its quarterly earnings data 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 quarter last year, the company earned ($0.03) earnings per share. Sell-side analysts anticipate that NexGen Energy will post -0.07 EPS 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.