Standard Nuclear (NYSE:STDN) Trading Up 5.5% After Analyst Upgrade

Standard Nuclear, Inc. (NYSE:STDN) traded up 5.5% during trading on Monday after Royal Bank Of Canada raised their price target on the stock from $11.00 to $13.00. Royal Bank Of Canada currently has an outperform rating on the stock. Standard Nuclear traded as high as $14.99 and last traded at $14.88. 196,096 shares were traded during trading, a decline of 79% from the average session volume of 934,765 shares. The stock had previously closed at $14.10.

STDN has been the subject of several other reports. Evercore started coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set an “outperform” rating and a $17.00 target price for the company. Bank of America assumed coverage on Standard Nuclear in a research report on Monday, August 10th. They issued a “buy” rating and a $15.00 price target for the company. UBS Group assumed coverage on Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $14.00 target price on the stock. Stifel Nicolaus began 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. Finally, William Blair began coverage on Standard Nuclear in a report on Monday, August 10th. They issued an “outperform” rating for the company. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.86.

Standard Nuclear Price Performance

Standard Nuclear (NYSE:STDN) last released its quarterly earnings data on Wednesday, August 26th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.08). The business had revenue of $4.74 million during the quarter, compared to analyst estimates of $2.97 million. Research analysts expect that Standard Nuclear, Inc. will post -0.33 EPS for the current year.

Standard Nuclear Company Profile

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.