The Goldman Sachs Group Initiates Coverage on Standard Nuclear (NYSE:STDN)

Investment analysts at The Goldman Sachs Group initiated coverage on shares of Standard Nuclear (NYSE:STDN) in a report released on Monday, MarketBeat reports. The brokerage set a “buy” rating and a $18.00 price target on the stock. The Goldman Sachs Group’s target price points to a potential upside of 72.91% from the company’s previous close.

Several other equities research analysts have also recently issued reports on STDN. Bank of America started coverage on shares of Standard Nuclear in a research note on Monday. They set a “buy” rating and a $15.00 price target on the stock. Wall Street Zen raised shares of Standard Nuclear to a “hold” rating in a research note on Saturday, July 25th. Barclays started coverage on shares of Standard Nuclear in a research report on Monday. They set an “overweight” rating and a $17.00 target price on the stock. Stifel Nicolaus began coverage on shares of Standard Nuclear in a research report on Monday. They set a “buy” rating and a $16.00 price objective for the company. Finally, UBS Group began coverage on Standard Nuclear in a research note on Monday. They issued a “buy” rating and a $14.00 price objective on the stock. Eight research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $15.43.

Standard Nuclear Price Performance

Shares of STDN traded up $1.97 during mid-day trading on Monday, reaching $10.41. The stock had a trading volume of 675,242 shares, compared to its average volume of 1,056,444. Standard Nuclear has a 52-week low of $7.05 and a 52-week high of $13.98.