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) following a recent evaluation. This affirmation was detailed in a research report released to investors and clients on Friday, indicating a target price of $3.50 for the stock. This target price suggests a potential upside of 28.21% based on the stock's previous closing price.

In a separate report, StockNews.com began its coverage of U.S. Energy on January 19, designating a "hold" rating for the company’s shares.

U.S. Energy Stock Overview

The stock for U.S. Energy opened at $2.73 on Friday. The company has experienced a year of volatility, with a 1-year low of $0.81 and a high of $6.40. Its current market capitalization is approximately $76.36 million. The stock exhibits a PE ratio of -2.07 and has a beta of 0.63, indicating lower volatility compared to the market. Recent trends show that the 50-day simple moving average is $1.87, while the 200-day simple moving average stands at $1.40.

About U.S. Energy

U.S. Energy Corp. is an independent energy company focusing on acquiring, exploring, and developing oil and natural gas properties throughout the United States. The company’s assets include interests in various oil and gas fields across key regions, including the Rockies, representing states like Montana, Wyoming, and North Dakota, as well as areas in the Mid-Continent region, which includes Oklahoma and Texas.

Conclusion

The reaffirmation of the buy rating by D. Boral Capital reflects confidence in U.S. Energy's potential for growth. Investors and analysts will be watching closely as the company continues to navigate the energy market.

U.S. Energy, stocks, investment