D. Boral Capital Reiterates Buy Rating for U.S. Energy (NASDAQ:USEG)

D. Boral Capital reiterated their buy rating on shares of U.S. Energy (NASDAQ:USEG - Free Report) in a report published on Friday morning,Benzinga reports. D. Boral Capital currently has a $3.50 price target on the energy company's stock.

Separately, StockNews.com initiated coverage on U.S. Energy in a research report on Sunday, January 19th. They set a "hold" rating on the stock.

U.S. Energy Stock Performance

Shares of USEG stock traded down $0.24 during mid-day trading on Friday, hitting $2.79. 2,788,873 shares of the stock traded hands, compared to its average volume of 10,445,372. The company's 50-day simple moving average is $1.85 and its 200-day simple moving average is $1.38. U.S. Energy has a twelve month low of $0.81 and a twelve month high of $6.40. The firm has a market cap of $77.90 million, a price-to-earnings ratio of -2.11 and a beta of 0.63.

About U.S. Energy

U.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties located in the Rockies region, including Montana, Wyoming, and North Dakota; the Mid-Continent region comprising Oklahoma, Kansas, and North and East Texas; West Texas; South Texas; and the Gulf Coast regions.