Uranium Participation Corp (TSE:U) was downgraded by investment analysts at RBC Capital Markets from an “outperform” rating to a “sector perform” rating in a note issued to investors on Monday. They presently have a C$4.50 price target on the stock, down from their prior price target of C$5.50. RBC Capital Markets’ target price would indicate a potential upside of 14.21% from the stock’s previous close.
A number of other analysts have also commented on the company. Dundee Securities reaffirmed a “buy” rating and set a C$5.20 price objective on shares of Uranium Participation Corp in a research note on Monday, August 8th. Royal Bank Of Canada lowered Uranium Participation Corp from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from C$5.00 to C$4.50 in a research note on Monday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Uranium Participation Corp currently has an average rating of “Hold” and an average target price of C$5.27.
Uranium Participation Corp (TSE:U) opened at 3.94 on Monday. The firm has a 50-day moving average price of $3.98 and a 200 day moving average price of $4.17. The firm’s market capitalization is $455.65 million. Uranium Participation Corp has a 52-week low of $3.68 and a 52-week high of $5.51.
About Uranium Participation Corp
Uranium Participation Corporation invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively uranium), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price.
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