Standard Nuclear (NYSE:STDN) Price Target Raised to $13.00 at Royal Bank Of Canada

Standard Nuclear (NYSE:STDN) had its target price upped by Royal Bank Of Canada from $11.00 to $13.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential downside of 9.60% from the stock’s previous close.

A number of other brokerages also recently weighed in on STDN. UBS Group assumed coverage on shares of Standard Nuclear in a report on Monday, August 10th. They issued a “buy” rating and a $14.00 price target on the stock. Barclays assumed coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “overweight” rating and a $17.00 target price on the stock. Stifel Nicolaus started coverage on shares of Standard Nuclear in a report on Monday, August 10th. They issued a “buy” rating and a $16.00 price target on the stock. Wall Street Zen lowered Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Finally, William Blair began coverage on Standard Nuclear in a research report on Monday, August 10th. They issued an “outperform” rating for the company. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Standard Nuclear presently has an average rating of “Moderate Buy” and an average target price of $15.71.

Standard Nuclear Stock Performance

Shares of NYSE STDN traded up $0.07 during midday trading on Friday, reaching $14.38. The company’s stock had a trading volume of 378,225 shares, compared to its average volume of 946,628. Standard Nuclear has a 12-month low of $7.05 and a 12-month high of $15.43.

Standard Nuclear (NYSE:STDN) last issued its quarterly earnings results on Wednesday, August 26th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The company had revenue of $4.74 million during the quarter, compared to analyst estimates of $2.97 million. As a group, research analysts anticipate that Standard Nuclear will post -0.33 EPS for the current fiscal year.

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.