Standard Nuclear, Inc.’s (NYSE:STDN) Quiet Period Will End Tomorrow

Standard Nuclear’s (NYSE:STDN) quiet period is set to expire on Tuesday, August 25th. Standard Nuclear had issued 10,000,000 shares in its initial public offering on July 16th. The total size of the offering was $150,000,000 based on an initial share price of $15.00. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on STDN. Evercore began coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued an “outperform” rating and a $17.00 price target for the company. Zacks Research upgraded shares of Standard Nuclear to a “hold” rating in a research report on Thursday. Barclays started coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set an “overweight” rating and a $17.00 target price on the stock. Wall Street Zen downgraded Standard Nuclear from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Finally, Stifel Nicolaus started coverage on Standard Nuclear in a research note on Monday, August 10th. They issued a “buy” rating and a $16.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.43.

Standard Nuclear Stock Performance

Standard Nuclear stock opened at $12.79 on Monday. Standard Nuclear has a twelve month low of $7.05 and a twelve month high of $13.98.

Standard Nuclear Company Profile

Standard Nuclear Inc operates as a nuclear fuel company principally in the United States. It engages in design, engineer and manufacturing of advanced nuclear fuels with a primary focus on TRISO fuel that is utilized by advanced reactors. Standard Nuclear Inc is based in Oak Ridge, Tennessee.