Standard Nuclear (NYSE:STDN) Trading 5.8% Higher – Time to Buy?

Shares of Standard Nuclear, Inc. (NYSE:STDN) traded up 5.8% during trading on Tuesday . The stock traded as high as $12.68 and last traded at $12.63. Approximately 35,384 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 936,359 shares. The stock had previously closed at $11.94.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. William Blair began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an “outperform” rating for the company. The Goldman Sachs Group started 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 on the stock. Wall Street Zen cut shares of Standard Nuclear from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Bank of America started coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They issued a “buy” rating and a $15.00 price target for the company. Finally, Royal Bank Of Canada assumed coverage on Standard Nuclear in a report on Monday, August 10th. They set an “outperform” rating and a $11.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.43.

Standard Nuclear Stock Performance

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.