NexGen Energy (TSE:NXE) Stock Price Expected to Rise, Raymond James Financial Analyst Says

NexGen Energy (TSE:NXE) had its price objective raised by Raymond James Financial from C$18.00 to C$20.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James Financial’s target price suggests a potential upside of 21.88% from the company’s current price.

A number of other equities research analysts also recently commented on NXE. TD Securities increased their price objective on NexGen Energy from C$15.00 to C$20.00 in a research report on Thursday, January 22nd. UBS Group set a C$20.00 target price on NexGen Energy and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus boosted their target price on NexGen Energy from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. National Bank Financial upped their target price on NexGen Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, Haywood Securities increased their price target on NexGen Energy from C$12.50 to C$15.00 in a research report on Monday, November 10th. Seven research analysts have rated the stock with a Buy rating, According to MarketBeat.com, NexGen Energy has an average rating of “Buy” and an average price target of C$19.09.

NexGen Energy Stock Down 3.3%

TSE NXE opened at C$16.41 on Friday. NexGen Energy has a 12 month low of C$5.59 and a 12 month high of C$18.91. The company has a market capitalization of C$10.74 billion, a P/E ratio of -27.81 and a beta of 1.11. The company’s 50 day simple moving average is C$16.12 and its 200 day simple moving average is C$13.38. The company has a debt-to-equity ratio of 32.03, a current ratio of 1.82 and a quick ratio of 8.20.

NexGen Energy (TSE:NXE) last issued its earnings results on Wednesday, March 4th. The company reported C($0.06) earnings per share for the quarter. Equities research analysts expect that NexGen Energy will post -0.07 earnings per share for the current fiscal year.

NexGen Energy News Summary

Here are the key news stories impacting NexGen Energy this week:

• Positive Sentiment: Stifel Nicolaus raised its price target to C$30.00 and kept a “buy” rating — the largest upside among the updates, implying substantial valuation upside vs. the current price. Article Title
• Positive Sentiment: Royal Bank of Canada lifted its target to C$20.00 and rated NXE “outperform,” signaling a materially higher fair‑value estimate from a major Canadian bank. Article Title
• Positive Sentiment: Scotiabank increased its target to C$18.00 with an “outperform” rating — a moderate uplift reinforcing the bullish analyst trend. Article Title Ticker Report
• Positive Sentiment: Raymond James raised its target to C$20.00 and kept an “outperform” stance, matching other brokers’ upgraded outlooks. Article Title
• Positive Sentiment: UBS initiated/updated a C$20.00 price target with a “buy” rating, adding another institutional vote of confidence. Article Title Ticker Report

NexGen Energy Company Profile

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.