The mean of analysts' price targets for Energy Fuels (UUUU) points to a 60.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
According to the average brokerage recommendation (ABR), one should invest in Energy Fuels (UUUU). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
The bullish narrative for uranium mining specialist Energy Fuels (NYSEMKT:UUUU) comes down to an age-old equation. Rising demand and reduced supply for a hot asset should result in price appreciation. Therefore, UUUU stock presents an intriguing case for long-side speculators. Based in Lakewood, Colorado, Energy Fuels focuses on the exploration and evaluation of uranium mineral properties in the U.S. That’s significant because of the latest political move. Last week, Congress moved to ban unirra