Standard Nuclear, Inc.’s Quiet Period Set To Expire on August 25th (NYSE:STDN)

Standard Nuclear’s (NYSE:STDN) quiet period is set to expire on Tuesday, August 25th. Standard Nuclear had issued 10,000,000 shares in its IPO on July 16th. The total size of the offering was $150,000,000 based on an initial share price of $15.00. During Standard Nuclear’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analysts Set New Price Targets

STDN has been the subject of a number of recent research reports. Royal Bank Of Canada assumed coverage on Standard Nuclear in a research report on Monday, August 10th. They set an “outperform” rating and a $11.00 target price for the company. Stifel Nicolaus started coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $16.00 target price on the stock. UBS Group started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $14.00 price target for the company. Wall Street Zen cut shares of Standard Nuclear from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, The Goldman Sachs Group began coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set a “buy” rating and a $18.00 target price for the company. Eight equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $15.43.

Standard Nuclear Stock Down 1.6%

NYSE STDN opened at $12.00 on Thursday. Standard Nuclear has a one year low of $7.05 and a one year high of $13.98.

About Standard Nuclear

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.