Nexgen Energy (NXE) PT Raised to C$5.50

Nexgen Energy (CVE:NXE) had its target price increased by Raymond James from C$5.00 to C$5.50 in a report published on Tuesday morning. Raymond James currently has an outperform rating on the stock.

NXE has been the topic of a number of other reports. TD Securities lifted their price target on Nexgen Energy from C$4.50 to C$5.00 and gave the company a speculative buy rating in a research note on Tuesday. Royal Bank of Canada set a C$5.00 price target on Nexgen Energy and gave the company an outperform rating in a research note on Wednesday, August 1st.

Shares of NXE stock opened at C$1.73 on Tuesday. Nexgen Energy has a 12 month low of C$1.73 and a 12 month high of C$3.19.

In other news, Director Sybil Elsa Veenman purchased 20,000 shares of the business’s stock in a transaction dated Tuesday, August 28th. The shares were purchased at an average cost of C$2.49 per share, with a total value of C$49,800.00.

About Nexgen Energy

NexGen Energy Ltd., formerly Clermont Capital Inc, is a Canada-based exploration-stage company. The Company operates in the segment of acquisition, exploration and development of uranium properties. It operates as a mineral exploration and development company with a portfolio of projects that span the Athabasca Basin in Saskatchewan, Canada.

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