UBS Group Analysts Give NexGen Energy (TSE:NXE) a C$20.00 Price Target

UBS Group set a C$20.00 price target on NexGen Energy (TSE:NXE) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. National Bank Financial lifted their price target on shares of NexGen Energy from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Stifel Nicolaus raised their target price on shares of NexGen Energy from C$20.00 to C$22.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. TD Securities boosted their target price on shares of NexGen Energy from C$15.00 to C$20.00 in a research note on Thursday, January 22nd. Finally, Haywood Securities boosted their price target on NexGen Energy from C$12.50 to C$15.00 in a report on Monday, November 10th. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$19.09.

NexGen Energy Stock Performance

Shares of NexGen Energy stock opened at C$16.41 on Thursday. The company has a current ratio of 1.82, a quick ratio of 8.20 and a debt-to-equity ratio of 32.03. 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 50 day moving average of C$16.12 and a 200-day moving average of C$13.38. NexGen Energy has a 1-year low of C$5.59 and a 1-year high of C$18.91.

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

More NexGen Energy News

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.