Standard Nuclear, Inc. (NYSE:STDN) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Standard Nuclear, Inc. (NYSE:STDN) have been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $16.71.

Several equities research analysts recently commented on STDN shares. Zacks Research raised Standard Nuclear to a “hold” rating in a research note on Thursday, August 20th. William Blair started coverage on Standard Nuclear in a report on Monday, August 10th. They set an “outperform” rating on the stock. Royal Bank Of Canada raised their price objective 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 began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “overweight” rating and a $17.00 price objective for the company. Finally, 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 on the stock.

Standard Nuclear Trading Up 3.8%

Shares of STDN opened at $13.00 on Tuesday. The firm’s fifty day moving average price is $12.06. Standard Nuclear has a 12 month low of $7.05 and a 12 month high of $17.34.

Standard Nuclear (NYSE:STDN) last posted its quarterly earnings data 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 firm had revenue of $1.64 million during the quarter, compared to analysts’ expectations of $2.97 million. As a group, sell-side analysts predict that Standard Nuclear will post -0.43 EPS for the current year.

About Standard Nuclear

Standard Nuclear, Inc (NYSE: STDN) is a U.S.-based nuclear fuel company focused on the development and production of advanced fuels for next-generation reactors. Its activities center on specialized fuel technologies intended to support the deployment of advanced nuclear power systems.

The company’s principal focus includes TRISO fuel, a form of coated particle fuel designed for high-temperature gas-cooled reactors and certain microreactor applications. Standard Nuclear is working to establish commercial-scale fuel manufacturing capabilities and support the broader advanced nuclear supply chain.

Standard Nuclear’s operations are primarily oriented toward the U.S.