Standard Nuclear (NYSE:STDN) Reaches New 52-Week High – Still a Buy?

Standard Nuclear, Inc. (NYSE:STDN)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $14.90 and last traded at $13.91, with a volume of 1451628 shares changing hands. The stock had previously closed at $11.94.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on STDN shares. Royal Bank Of Canada started coverage on Standard Nuclear in a report on Monday, August 10th. They issued an “outperform” rating and a $11.00 target price on the stock. UBS Group assumed coverage on Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $14.00 price target for the company. Bank of America began coverage on Standard Nuclear in a research report on Monday, August 10th. They issued a “buy” rating and a $15.00 price objective for the company. Stifel Nicolaus began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued a “buy” rating and a $16.00 price objective on the stock. Finally, William Blair initiated coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an “outperform” rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.43.

Standard Nuclear Stock Up 16.5%

Standard Nuclear Company Profile

Standard Nuclear Inc operates as a nuclear fuel company principally in the United States. It engages in design, engineer and manufacturing of advanced nuclear fuels with a primary focus on TRISO fuel that is utilized by advanced reactors. Standard Nuclear Inc is based in Oak Ridge, Tennessee.