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

U.S. Energy (NASDAQ:USEG - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at D. Boral Capital in a research note issued to investors on Monday,Benzinga reports. They presently have a $2.00 price objective on the energy company's stock. D. Boral Capital's target price would indicate a potential downside of 11.11% from the company's previous close.

Separately, StockNews.com initiated coverage on shares of U.S. Energy in a research report on Saturday. They set a "hold" rating on the stock.

U.S. Energy Stock Performance

Shares of U.S. Energy stock traded up $0.32 during trading on Monday, hitting $2.25. 857,792 shares of the stock were exchanged, compared to its average volume of 231,698. U.S. Energy has a 12 month low of $0.81 and a 12 month high of $2.35. The stock's fifty day moving average is $1.65 and its 200 day moving average is $1.29. The stock has a market cap of $62.92 million, a PE ratio of -1.70 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.