D. Boral Capital Reaffirms Buy Rating for U.S. Energy (NASDAQ:USEG)
Investment analysts at D. Boral Capital have reaffirmed their "buy" rating for U.S. Energy (NASDAQ:USEG), as detailed in a research report released on Friday. They have set a target price of $3.50 for the company's stock, suggesting a potential upside of 28.21% based on the stock's previous closing price.
In a separate report published on January 19, StockNews.com initiated their coverage of U.S. Energy, assigning it a "hold" rating. This indicates that while the stock is generally viewed positively, the analysts are taking a more cautious stance.
U.S. Energy Stock Performance
On Friday, shares of U.S. Energy opened at $2.73. Over the past year, the stock has seen quite significant fluctuations, with a low of $0.81 and a high reaching up to $6.40. U.S. Energy has a market capitalization of approximately $76.36 million, a price-to-earnings (PE) ratio of -2.07, and a beta of 0.63, indicating lower volatility compared to the market. The stock's 50-day simple moving average stands at $1.87, while its 200-day moving average is $1.40.
Overview of U.S. Energy
U.S. Energy Corp. is an independent energy company dedicated to acquiring, exploring, and developing oil and natural gas properties throughout the United States. The company holds interests in various oil and gas properties, primarily located in the Rockies including states like Montana, Wyoming, and North Dakota, as well as in the Mid-Continent region encompassing Oklahoma, Kansas, and parts of Texas, along with areas in West, South Texas, and the Gulf Coast.
Investing Insights
For those considering investments in U.S. Energy, it can be helpful to stay informed about the latest ratings and market evaluations. Analysts often provide insights that can help investment decisions, making it crucial to monitor developments relating to the company. Reports from firms such as D. Boral Capital and others may impact market perceptions and stock performance.
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