Standard Nuclear, Inc. (NYSE:STDN) Stock Has Average Price Target of $16.88 According to Brokerages

Standard Nuclear, Inc. (NYSE:STDN) has received an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $16.88.

STDN has been the subject of a number of recent analyst reports. Evercore began coverage on Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating and a $17.00 price target for the company. Stifel Nicolaus set a $17.00 target price on shares of Standard Nuclear in a report on Friday, August 28th. Royal Bank Of Canada lifted their price target on shares of Standard Nuclear from $11.00 to $13.00 and gave the stock an “outperform” rating in a research report on Friday, August 28th. Barclays assumed coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an “overweight” rating and a $17.00 price objective for the company. Finally, Bank of America began coverage on shares of Standard Nuclear in a report on Monday, August 10th. They issued a “buy” rating and a $15.00 price objective on the stock.

Standard Nuclear Stock Performance

STDN stock opened at $12.24 on Friday. The firm’s 50 day moving average price is $13.04. Standard Nuclear has a 12-month low of $7.05 and a 12-month high of $17.34. The firm has a market cap of $1.92 billion and a price-to-earnings ratio of -30.60.

Standard Nuclear (NYSE:STDN) last issued its earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The business had revenue of $1.64 million during the quarter, compared to the consensus estimate of $2.97 million. On average, equities research analysts forecast that Standard Nuclear will post -0.24 earnings per share for the current fiscal year.

About Standard Nuclear

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.