NexGen Energy (TSE:NXE) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

NexGen Energy (TSE:NXE) had its price objective raised by investment analysts at Stifel Nicolaus from C$22.00 to C$30.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 82.82% from the stock’s previous close.

NXE has been the subject of a number of other research reports. Scotiabank boosted their target price on shares of NexGen Energy from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Friday. National Bank Financial lifted their price target on NexGen Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Haywood Securities upped their price objective on NexGen Energy from C$12.50 to C$15.00 in a research report on Monday, November 10th. Raymond James Financial increased their price objective on NexGen Energy from C$18.00 to C$20.00 and gave the company an “outperform” rating in a report on Friday. Finally, UBS Group set a C$20.00 target price on NexGen Energy and gave the stock a “buy” rating in a research report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, NexGen Energy has a consensus rating of “Buy” and a consensus price target of C$19.09.

NexGen Energy Stock Down 3.3%

Shares of NexGen Energy stock opened at C$16.41 on Friday. The company has a quick ratio of 8.20, a current ratio of 1.82 and a debt-to-equity ratio of 32.03. NexGen Energy has a 52-week low of C$5.59 and a 52-week 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 has a 50 day moving average of C$16.12 and a 200 day moving average of C$13.38.

NexGen Energy (TSE:NXE) last announced its quarterly earnings data on Wednesday, March 4th. The company reported C($0.06) EPS for the quarter. As a group, research analysts forecast that NexGen Energy will post -0.07 EPS 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.