Uranium Energy Corp. (NASDAQ:UEC) Given Consensus Recommendation of “Strong Buy” by Brokerages
Uranium Energy Corp. (NASDAQ:UEC) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $3.07 for the company, according to Zacks. Zacks has also given Uranium Energy an industry rank of 170 out of 255 based on the ratings given to its competitors.
Separately, HC Wainwright reaffirmed a “buy” rating on shares of Uranium Energy in a research note on Tuesday, October 22nd.
Uranium Energy Company Profile
Uranium Energy Corp. operates as a uranium mining and exploration company. Its projects in South Texas include the Palangana ISR mine, the permitted Goliad ISR project, and the development-stage Burke Hollow ISR project; and project in Wyoming comprise the permitted Reno Creek ISR project. The company also controls a pipeline of advanced-stage uranium projects in Arizona, Colorado, New Mexico, and Paraguay, as well as a high-grade titanium project in Paraguay.
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