Stifel Reiterates Buy Rating on Centrus Energy Corp. (LEU)

Stifel analyst Stephen Gengaro reiterated a Buy rating and $220.00 price target on Centrus Energy Corp. (NYSE: LEU).

The analyst commented, “The atrophy of the U.S. nuclear supply chain is a key headwind for the resurgence in nuclear power in the U.S. market. With its long-time ties to the U.S. Government and as the only publicly-traded nuclear enrichment company, Centrus is uniquely positioned to play a critical role rebuilding the supply chain. LEU has the footprint, technological expertise, and track record to source LEU for today's existing reactors, and buildout new enrichment to meet the more highly enriched uranium needs for new advanced nuclear reactors. We are initiating coverage on Centrus Energy (LEU) with a Buy rating and $220 target price based on our long-term DCF analysis.”

For an analyst ratings summary and ratings history on Centrus Energy Corp. click here. For more ratings news on Centrus Energy Corp. click here.

Shares of Centrus Energy Corp. closed at $197.46 yesterday.

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