NexGen Energy (TSE:NXE) PT Set at C$13.50 by Desjardins

Desjardins set a C$13.50 price objective on NexGen Energy (TSE:NXE) in a research note released on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock. Desjardins also issued estimates for NexGen Energy’s FY2025 earnings at ($0.19) EPS, FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.50) EPS.

Other analysts have also issued reports about the company. Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Scotiabank decreased their price target on shares of NexGen Energy from C$12.00 to C$11.50 and set an “outperform” rating on the stock in a report on Tuesday, March 25th. National Bankshares decreased their price objective on shares of NexGen Energy from C$13.50 to C$12.50 and set an “outperform” rating on the stock in a research report on Friday, March 7th. Finally, TD Securities reduced their target price on NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Six equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$13.25.

NexGen Energy Stock Up 0.3%

NXE stock opened at C$9.11 on Tuesday. The stock has a market cap of C$5.16 billion, a P/E ratio of 34.88 and a beta of 1.76. The stock’s fifty day simple moving average is C$7.56 and its two-hundred day simple moving average is C$8.53. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. NexGen Energy has a 1-year low of C$5.59 and a 1-year high of C$12.51.

NexGen Energy Company Profile

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company’s projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.