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

Standard Nuclear’s (NYSE:STDN) quiet period will end on Tuesday, August 25th. Standard Nuclear had issued 10,000,000 shares in its public offering on July 16th. The total size of the offering was $150,000,000 based on an initial share price of $15.00. During the company’s quiet period, underwriters and any insiders involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. UBS Group initiated coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a “buy” rating and a $14.00 price objective on the stock. Bank of America began coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued a “buy” rating and a $15.00 target price for the company. Evercore initiated coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set an “outperform” rating and a $17.00 price target for the company. Barclays began coverage on shares of Standard Nuclear in a report on Monday, August 10th. They set an “overweight” rating and a $17.00 price target for the company. Finally, The Goldman Sachs Group initiated 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 on the stock. Eight research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $15.43.

Standard Nuclear Trading Down 1.4%

Standard Nuclear stock opened at $12.79 on Friday. Standard Nuclear has a 1 year low of $7.05 and a 1 year high of $13.98.

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.