We recently compiled a list of 7 Best Uranium Stocks To Buy According to Hedge Funds. In this article, we will look at where NexGen Energy (NYSE:NXE) ranks among the best uranium stocks to buy according to hedge funds. Uranium Market Outlook According to a report by the World Nuclear Association, the uranium market is […]
The consensus price target hints at a 61.5% upside potential for NexGen Energy (NXE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
The mean of analysts' price targets for NexGen Energy (NXE) points to a 65.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.