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Analysts Offer Insights on Energy Companies: NexGen Energy (NXE) and Centrus Energy (LEU)

Tipranks - Tue Mar 10, 10:10AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on NexGen Energy (NXEResearch Report) and Centrus Energy (LEUResearch Report) with bullish sentiments.

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NexGen Energy (NXE)

Canaccord Genuity analyst Katie Lachapelle reiterated a Buy rating on NexGen Energy on March 5 and set a price target of C$24.00. The company’s shares closed last Monday at $11.91.

Lachapelle has an average return of 32.1% when recommending NexGen Energy. ;'>

According to TipRanks.com, Lachapelle is ranked #224 out of 12122 analysts.

NexGen Energy has an analyst consensus of Strong Buy, with a price target consensus of $15.27, which is a 28.3% upside from current levels. In a report issued on March 5, UBS also initiated coverage with a Buy rating on the stock with a C$20.00 price target.

See today’s best-performing stocks on TipRanks >>

Centrus Energy (LEU)

In a report released today, Sean Milligan from Needham maintained a Buy rating on Centrus Energy, with a price target of $320.00. The company’s shares closed last Monday at $187.82.

According to TipRanks.com, Milligan is a 1-star analyst with an average return of -7.1% and a 48.8% success rate. Milligan covers the Technology sector, focusing on stocks such as Shoals Technologies Group, Nextpower Inc, and First Solar. ;'>

Centrus Energy has an analyst consensus of Moderate Buy, with a price target consensus of $278.69, which is a 50.6% upside from current levels. In a report issued on February 23, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $225.00 price target.

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