Shares of NexGen Energy Ltd. (TSE:NXE – Get Free Report) have received a consensus rating of “Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average 1 year price objective among analysts that have covered the stock in the last year is C$19.09.
A number of brokerages have issued reports on NXE. Stifel Nicolaus increased their price target on shares of NexGen Energy from C$22.00 to C$30.00 and gave the company a “buy” rating in a research note on Friday. UBS Group set a C$20.00 price objective on NexGen Energy and gave the company a “buy” rating in a report on Thursday. Haywood Securities increased their price objective on NexGen Energy from C$12.50 to C$15.00 in a research report on Monday, November 10th. TD Securities raised their target price on NexGen Energy from C$15.00 to C$20.00 in a research note on Thursday, January 22nd. Finally, Raymond James Financial lifted their target price on NexGen Energy from C$18.00 to C$20.00 and gave the company an “outperform” rating in a research report on Friday.
Check Out Our Latest Stock Analysis on NXE
Key Stories Impacting NexGen Energy
- 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 Stock Down 3.3%
NexGen Energy stock opened at C$16.41 on Thursday. NexGen Energy has a fifty-two week low of C$5.59 and a fifty-two week high of C$18.91. The company has a market cap of C$10.74 billion, a PE ratio of -27.81 and a beta of 1.11. The company has a debt-to-equity ratio of 32.03, a quick ratio of 8.20 and a current ratio of 1.82. The business’s 50-day simple moving average is C$16.12 and its two-hundred day simple moving average is C$13.38.
NexGen Energy (TSE:NXE – Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported C($0.06) earnings per share for the quarter. Equities analysts anticipate that NexGen Energy will post -0.07 EPS for the current year.
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.
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