RBC Capital Sticks to Their Hold Rating for Uranium Participate

By Ryan Adsit

Wall Street analyst has provided a rating update for the Financial sector company yesterday, while remaining neutral on the stock. Uranium Participate (TSX: U) received a Hold rating from RBC Capital’s analyst Andrew Wong, with a C$3.90 price target.

According to TipRanks.com, Wong is a 3-star analyst with an average return of 6.1% and a 80.0% success rate. Wong covers the Consumer Goods sector, focusing on stocks such as CF Industries, Potash Corp, and Mosaic Co.

Uranium Participate has an analyst consensus of Hold, with a price target consensus of C$4.43.

The company has a one year high of C$4.73 and a one year low of C$3.50. Currently, Uranium Participate has an average volume of 101.5K.

Uranium Participation Corp. engages in investment activities with interests in uranium, with the primary objective of achieving appreciation in the value of its uranium holdings. The company was founded on March 15, 2005 and is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at $4.01.