Craig Hutchison analyst at TD Securities reiterates coverage on NexGen Energy (NXE) in the Basic Materials sector with a Buy rating. TipRanks.com has Hutchison rated as a 4.9 star analyst with a 57% return on investment and a 27.2% success rate. Hutchison has set a price target of $ 8.23.
TipRanks.com reports that NexGen Energy currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $8.09. The target pricing ranges from a high forecast of $8.43 down to a low forecast of $7.84. NexGen Energy (NXE)’s last closing price was $$4.88 which would put the average price target at 65.78% upside.
In addition, TradingView issued a Buy rating for NXE over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on NXE.
Other analysts covering NXE include:
- Brian MacArthur of Raymond James issued a Buy rating with the price target of $ 7.84 on 3 days ago
- Katie Lachapelle of Canaccord Genuity issued a Buy rating with the price target of $ 8.43 on 1 month ago
- Andrew Wong CFA of RBC Capital issued a Buy rating with the price target of $ 7.84 on 1 month ago
- Unknown Analyst of PI Financial issued a Buy rating with the price target of $ 7.14 on 6 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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