NexGen Energy (TSE:NXE) Given New C$14.00 Price Target at Raymond James

NexGen Energy (TSE:NXE) had its price objective upped by Raymond James from C$12.00 to C$14.00 in a research note published on Tuesday morning, BayStreet.CA reports.

Several other research analysts have also recently issued reports on the stock. Cormark raised their target price on shares of NexGen Energy from C$11.50 to C$13.75 in a report on Thursday, February 8th. Eight Capital lifted their price objective on shares of NexGen Energy from C$13.00 to C$21.00 and gave the company a buy rating in a report on Monday, January 15th. Finally, Scotiabank set a C$13.50 price objective on shares of NexGen Energy and gave the company an outperform rating in a report on Monday, April 1st.

NexGen Energy Trading Up 0.9 %

TSE:NXE opened at C$10.66 on Tuesday. NexGen Energy has a 12 month low of C$4.75 and a 12 month high of C$12.00. The firm has a fifty day simple moving average of C$10.36 and a 200-day simple moving average of C$9.52. The company has a current ratio of 11.00, a quick ratio of 8.20 and a debt-to-equity ratio of 19.56. The company has a market capitalization of C$5.75 billion, a P/E ratio of 66.63 and a beta of 1.80.

NexGen Energy (TSE:NXE) last posted its quarterly earnings data on Wednesday, March 6th. The company reported C($0.08) EPS for the quarter, missing the consensus estimate of C($0.02) by C($0.06). On average, equities research analysts anticipate that NexGen Energy will post -0.07 earnings per share for the current year.

NexGen Energy Company Profile

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.