Uranium Participation Corp (TSE:U) was downgraded by analysts at RBC Capital Markets from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Monday. They presently have a C$4.50 price objective on the stock, down from their previous price objective of C$5.50. RBC Capital Markets’ target price would suggest a potential upside of 11.11% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Dundee Securities reiterated a “buy” rating and issued a C$5.20 price target on shares of Uranium Participation Corp in a research note on Monday, August 8th. Royal Bank Of Canada lowered shares of Uranium Participation Corp from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$5.00 to C$4.50 in a research note on Monday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$5.27.

Analyst Recommendations for Uranium Participation Corp (TSE:U)

Uranium Participation Corp (TSE:U) traded down 2.47% during midday trading on Monday, hitting $3.95. 220,229 shares of the company traded hands. Uranium Participation Corp has a 12-month low of $3.68 and a 12-month high of $5.51. The stock’s 50-day moving average price is $3.98 and its 200 day moving average price is $4.19. The company’s market capitalization is $456.81 million.

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Uranium Participation Corp Company Profile

Uranium Participation Corporation invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively uranium), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price.

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