October 29, 2024

Centrus Energy (LEU) Receives a Buy from Lake Street

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Lake Street analyst Robert Brown maintained a Buy rating on Centrus Energy (LEU – Research Report) today and set a price target of $76.00. The company’s shares closed last Friday at $85.99.

According to TipRanks, Brown is a 5-star analyst with an average return of 29.5% and a 57.28% success rate. Brown covers the Industrials sector, focusing on stocks such as NV5 Holdings, Babcock & Wilcox Company, and Enviri.

Centrus Energy has an analyst consensus of Moderate Buy, with a price target consensus of $69.00.

LEU market cap is currently $1.4B and has a P/E ratio of 15.34.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LEU in relation to earlier this year. Most recently, in August 2024, LARRY B CUTLIP, the SVP, FIELD OPERATIONS of LEU sold 3,000.00 shares for a total of $112,920.00.

TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.

Centrus Energy (LEU) Company Description:

Centrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the low-enriched uranium (LEU) and Contract Services segments. The LEU segment has two components which include the sale of SWU and uranium. The Contract Services segment relates to the contract with UT-Battelle and limited services provided by Centrus to the United States Department of Energy and to contractors at the Piketon facility. The company was founded in October 1992 and is headquartered in Bethesda, MD.

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