Standard Nuclear (NYSE:STDN) Downgraded by Wall Street Zen to Strong Sell

Wall Street Zen downgraded shares of Standard Nuclear (NYSE:STDN) from a sell rating to a strong sell rating in a research report released on Saturday,Wall Street Zen reports.

A number of other brokerages have also recently weighed in on STDN. 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 price target for the company. Zacks Research upgraded Standard Nuclear to a “hold” rating in a report on Thursday, August 20th. Stifel Nicolaus set a $17.00 price objective on Standard Nuclear in a report on Friday, August 28th. Barclays started coverage on Standard Nuclear in a research note on Monday, August 10th. They set an “overweight” rating and a $17.00 target price on the stock. Finally, UBS Group raised their target price on Standard Nuclear from $14.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.88.

Standard Nuclear Stock Down 0.6%

NYSE:STDN opened at $12.24 on Friday. The firm has a market cap of $1.92 billion and a price-to-earnings ratio of -30.60. The company has a 50-day moving average price of $13.04. Standard Nuclear has a 1-year low of $7.05 and a 1-year high of $17.34.

Standard Nuclear (NYSE:STDN) last announced its quarterly earnings results on Thursday, August 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.08). The firm had revenue of $1.64 million for the quarter, compared to analyst estimates of $2.97 million. Sell-side analysts anticipate that Standard Nuclear will post -0.24 EPS for the current year.

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.