Standard Nuclear (NYSE:STDN) Reaches New 12-Month High – Still a Buy?

Standard Nuclear, Inc. (NYSE:STDN) shares reached a new 52-week high on Wednesday . The stock traded as high as $14.90 and last traded at $13.91, with a volume of 1451628 shares changing hands. The stock had previously closed at $11.94.

Analysts Set New Price Targets

STDN has been the topic of several research reports. Barclays assumed coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued an “overweight” rating and a $17.00 price objective on the stock. Bank of America assumed coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $15.00 target price for the company. The Goldman Sachs Group started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $18.00 price target for the company. Zacks Research raised Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Finally, Wall Street Zen lowered Standard Nuclear from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Standard Nuclear presently has a consensus rating of “Moderate Buy” and an average target price of $15.43.

Standard Nuclear Stock Performance

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.