Katie Lachapelle, analyst at Canaccord Genuity, reiterated coverage on NexGen Energy Ltd (NYSE MKT:NXE) in the Energy sector with a Buy rating. TipRanks.com has Lachapelle rated as a 5 star analyst with a 53% return on investment and a 78% success rate. Lachapelle has set a price target of $5.80.
TipRanks.com reports that NYSE MKT:NXE currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $5.39. The target pricing ranges from a high forecast of $5.81 down to a low forecast of $4.98.
NYSE MKT:NXE’s last closing price was $4.65 which would put the average price target at 15.91% upside.
In addition, TradingView issued a Strong Buy rating for NYSE MKT:NXE over the next month.
Remember, securities are volatile, so please do your own research on NYSE MKT:NXE.
Other analysts covering NYSE MKT:NXE include:
- Andrew Wong of RBC Capital issued a buy rate with the price target of $5 in March
If you are interest in stocks like NYSE MKT:NXE or stocks in the Energy sector, please click here.
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