Energy Fuels’ (UUUU) “Buy” Rating Reiterated at HC Wainwright
Energy Fuels Inc (NYSEMKT:UUUU) (TSE:EFR)‘s stock had its “buy” rating restated by research analysts at HC Wainwright in a note issued to investors on Monday. They currently have a $5.00 target price on the basic materials company’s stock. HC Wainwright’s price target indicates a potential upside of 204.88% from the company’s previous close.
A number of other research firms have also commented on UUUU. Noble Financial reaffirmed a “hold” rating on shares of Energy Fuels in a report on Tuesday, August 8th. ValuEngine lowered Energy Fuels from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 6th. Zacks Investment Research raised Energy Fuels from a “hold” rating to a “buy” rating and set a $1.75 price target for the company in a report on Tuesday, July 4th. Finally, Roth Capital set a $3.00 price objective on Energy Fuels and gave the stock a “buy” rating in a research report on Monday, August 7th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Energy Fuels has a consensus rating of “Hold” and an average price target of $3.25.
An institutional investor recently raised its position in Energy Fuels stock. Commerzbank Aktiengesellschaft FI raised its position in shares of Energy Fuels Inc (NYSEMKT:UUUU) (TSE:EFR) by 1.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 404,818 shares of the basic materials company’s stock after purchasing an additional 6,639 shares during the period. Commerzbank Aktiengesellschaft FI owned approximately 0.57% of Energy Fuels worth $644,000 at the end of the most recent reporting period.
Energy Fuels Company Profile
Energy Fuels Inc (Energy Fuels) is engaged in conventional and in situ (ISR) uranium extraction and recovery, along with the exploration, permitting and evaluation of uranium properties in the United States. The Company operates through two segments: ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming.
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