NYSEAMERICAN:NXE - NexGen Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $6.44
  • Forecasted Upside: 106.33 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$3.12
▼ -0.31 (-9.04%)
1 month | 3 months | 12 months
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Analyst Price Target for NXE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$6.44
▲ +106.33% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for NexGen Energy in the last 3 months. The average price target is $6.44, with a high forecast of $7.00 and a low forecast of $6.00. The average price target represents a 106.33% upside from the last price of $3.12.
Buy
The current consensus among 5 investment analysts is to buy stock in NexGen Energy.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/15/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/14/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/13/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/11/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/9/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/8/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/6/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/8/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
3/1/2021Royal Bank of CanadaBoost Price TargetOutperform$5.00 ➝ $6.00
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2/23/2021Raymond JamesBoost Price TargetOutperform$5.50 ➝ $6.00
i
2/23/2021TD SecuritiesBoost Price TargetBuy$4.00 ➝ $7.00
i
2/23/2021Canaccord GenuityBoost Price TargetBuy$5.00 ➝ $6.75
i
1/21/2021Canaccord GenuityBoost Price TargetBuy$4.00 ➝ $5.00
i
1/15/2021Raymond JamesBoost Price TargetOutperform$4.25 ➝ $5.00
i
9/4/2020CormarkInitiated CoverageBuy
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5/12/2020TD SecuritiesBoost Price TargetBuy$2.75 ➝ $3.25
i
5/12/2020Canaccord GenuityInitiated CoverageBuy$4.00
i
8/3/2017Eight CapitalSet Price Target$6.10
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8/3/2017TD SecuritiesBoost Price TargetSpeculative Buy$4.50 ➝ $4.75
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8/3/2017Paradigm CapitalBoost Price Target$3.60 ➝ $5.00
i
(Data available from 3/9/2016 forward)
NexGen Energy logo
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. The company holds a 100% interest in its principal property, the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan. The company is headquartered in Vancouver, Canada.
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Today's Range

Now: $3.12
$3.07
$3.52

50 Day Range

MA: $2.31
$1.70
$2.83

52 Week Range

Now: $3.12
$0.50
$4.27

Volume

2,681,485 shs

Average Volume

2,020,712 shs

Market Capitalization

$1.18 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.15

Frequently Asked Questions

What sell-side analysts currently cover shares of NexGen Energy?

The following sell-side analysts have issued reports on NexGen Energy in the last twelve months: Canaccord Genuity, Cormark, Raymond James, Royal Bank of Canada, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for NXE.

What is the current price target for NexGen Energy?

4 Wall Street analysts have set twelve-month price targets for NexGen Energy in the last year. Their average twelve-month price target is $6.44, suggesting a possible upside of 106.3%. TD Securities has the highest price target set, predicting NXE will reach $7.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $6.00 for NexGen Energy in the next year.
View the latest price targets for NXE.

What is the current consensus analyst rating for NexGen Energy?

NexGen Energy currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NXE will outperform the market and that investors should add to their positions of NexGen Energy.
View the latest ratings for NXE.

What other companies compete with NexGen Energy?

Other companies that are similar to NexGen Energy include Denison Mines, Uranium Energy, Western Uranium & Vanadium, Peninsula Energy, Abtech and AirTrona International.

How do I contact NexGen Energy's investor relations team?

NexGen Energy's physical mailing address is 1021 WEST HASTINGS STREET, VANCOUVER A1, V6E0C3. The company's listed phone number is (604) 428-4112 and its investor relations email address is [email protected] The official website for NexGen Energy is www.nexgenenergy.ca.