NexGen Energy (TSE:NXE) Given New C$19.00 Price Target at National Bankshares

NexGen Energy (TSE:NXE) had its target price hoisted by National Bankshares from C$18.00 to C$19.00 in a research report report published on Friday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

NXE has been the subject of several other research reports. Canaccord Genuity Group lifted their price target on shares of NexGen Energy from C$16.00 to C$18.50 in a research note on Friday, October 17th. Haywood Securities lifted their target price on NexGen Energy from C$12.50 to C$15.00 in a research report on Monday, November 10th. Stifel Nicolaus upped their target price on NexGen Energy from C$17.00 to C$20.00 in a report on Tuesday, October 21st. BMO Capital Markets raised their price target on NexGen Energy from C$14.00 to C$16.00 in a research note on Friday, October 17th. Finally, Scotiabank upped their price objective on shares of NexGen Energy from C$12.00 to C$14.00 in a research note on Tuesday, October 14th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, NexGen Energy presently has an average rating of “Buy” and a consensus price target of C$17.00.

NexGen Energy Stock Down 1.0%

Shares of TSE NXE opened at C$15.04 on Friday. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. NexGen Energy has a 12-month low of C$5.59 and a 12-month high of C$18.91. The firm’s 50-day moving average price is C$14.49 and its 200-day moving average price is C$12.35. The stock has a market capitalization of C$9.84 billion, a price-to-earnings ratio of -25.49 and a beta of 1.70.

NexGen Energy (TSE:NXE) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C($0.23) earnings per share (EPS) for the quarter. On average, equities research analysts anticipate that NexGen Energy will post -0.07 EPS for the current fiscal year.

About NexGen Energy

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.