UBS Remains a Buy on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG)

UBS analyst George Eadie reiterated a Buy rating on NexGen Energy Ltd. (shares represented by Chess Depository Interests, 1 share per CDI). The firm set a price target of A$18.50. TipRanks characterizes Eadie as a four-star analyst, citing an average return of 23.1% and an 86.36% success rate. Eadie covers the Basic Materials sector and also follows companies including SSR Mining, Warrior Met Coal, and Lundin Gold. Street-wide sentiment is a Moderate Buy consensus, with an average price target of A$21.65. For the quarter ended June 30, NexGen reported quarterly net profit of A$74.55 million versus a A$86.69 million net loss last year (GAAP).