Standard Nuclear (NYSE:STDN) Trading 5.8% Higher – Time to Buy?

Standard Nuclear, Inc. (NYSE:STDN)’s stock price was up 5.8% on Tuesday . The company traded as high as $12.68 and last traded at $12.63. Approximately 35,384 shares were traded during mid-day trading, a decline of 96% from the average session volume of 936,359 shares. The stock had previously closed at $11.94.

Analysts Set New Price Targets

Several research firms have recently issued reports on STDN. Bank of America began coverage on Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $15.00 price target for the company. Barclays started coverage on Standard Nuclear in a report on Monday, August 10th. They issued an “overweight” rating and a $17.00 target price for the company. Evercore began coverage on Standard Nuclear in a research report on Monday, August 10th. They set an “outperform” rating and a $17.00 target price for the company. Stifel Nicolaus initiated coverage on Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $16.00 price target on the stock. Finally, UBS Group began coverage on Standard Nuclear in a report on Monday, August 10th. They set a “buy” rating and a $14.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.43.

Standard Nuclear Price Performance

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.