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NexGen Energy (NXE) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Jan 15, 4:00PM CST

In a report released today, Brian MacArthur from Raymond James maintained a Buy rating on NexGen Energy, with a price target of C$17.00.

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MacArthur covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Royal Gold, and Newmont Mining. According to TipRanks, MacArthur has an average return of 32.2% and a 71.34% success rate on recommended stocks.

NexGen Energy has an analyst consensus of Strong Buy, with a price target consensus of C$17.69.

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The company has a one-year high of C$15.78 and a one-year low of C$5.59. Currently, NexGen Energy has an average volume of 2.41M.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NXE in relation to earlier this year.

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