Uranium Participation Corp (U) Rating Lowered to Sector Perform at Royal Bank Of Canada
Uranium Participation Corp (TSE:U) was downgraded by research analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Monday, StockTargetPrices.com reports. They presently have a C$4.50 target price on the stock, down from their prior target price of C$5.00. Royal Bank Of Canada’s target price suggests a potential upside of 13.07% from the company’s previous close.
Separately, Dundee Securities reiterated a “buy” rating and issued a C$5.20 price target on shares of Uranium Participation Corp in a research report on Monday, August 8th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Uranium Participation Corp has an average rating of “Hold” and an average price target of C$5.27.
Shares of Uranium Participation Corp (TSE:U) traded down 1.73% during trading on Monday, reaching $3.98. The company’s stock had a trading volume of 318,129 shares. The stock’s market cap is $460.28 million. The stock’s 50-day moving average is $3.98 and its 200-day moving average is $4.19. Uranium Participation Corp has a 12-month low of $3.68 and a 12-month high of $5.51.
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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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