ATB Cormark Capital Markets Keeps Their Buy Rating on NexGen Energy (NXE)
ATB Cormark Capital Markets analyst Nicolas Dion maintained a Buy rating on NexGen Energy today and set a price target of C$19.00.
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Dion covers the Basic Materials sector, focusing on stocks such as Americas Gold and Silver, Perseus Mining , and Vox Royalty. According to TipRanks, Dion has an average return of 51.4% and an 82.61% success rate on recommended stocks.
NexGen Energy has an analyst consensus of Strong Buy, with a price target consensus of C$19.20.
NXE market cap is currently C$11.04B and has a P/E ratio of -13.54.
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.
Read More on NXE:
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- NexGen Energy initiated with a Buy at UBS
- NexGen Energy Sets March 4 Call to Detail Q4 Results and Key Rook I Milestones
- NexGen Energy put volume heavy and directionally bearish
- NexGen Energy price target raised to C$22 from C$20 at Stifel
- NexGen Reaches Final Federal Approval Step for Flagship Rook I Uranium Project
