Free Trial

Denison Mines (DML) Stock Forecast & Price Target

Denison Mines logo
C$3.19 -0.10 (-3.04%)
(As of 11/20/2024 ET)

Denison Mines - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
8

Based on 8 Wall Street analysts who have issued ratings for Denison Mines in the last 12 months, the stock has a consensus rating of "Buy." Out of the 8 analysts, 5 have given a buy rating, and 3 have given a strong buy rating for DML.

Consensus Price Target

C$3.57
11.81% Upside
According to the 8 analysts' twelve-month price targets for Denison Mines, the average price target is C$3.57. The highest price target for DML is C$4.15, while the lowest price target for DML is C$3.00. The average price target represents a forecasted upside of 11.81% from the current price of C$3.19.
Get the Latest News and Ratings for DML and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Denison Mines and its competitors.

Sign Up

DML Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$3.57C$3.46C$3.24C$2.77
Forecasted Upside11.81% Upside9.44% Upside41.56% Upside9.49% Upside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

DML Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

DML Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Denison Mines Stock vs. The Competition

TypeDenison MinesEnergy Companies
Consensus Rating Score
3.38
2.81
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent DML News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/24/2024National Bankshares
1 of 5 stars
 Boost TargetOutperformC$3.50 ➝ C$4.15+36.51%
9/26/2024Cibc World Mkts
0 of 5 stars
B. Adams
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
9/26/2024CIBC
3 of 5 stars
 Set TargetOutperformC$3.25+30.00%
9/25/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Pearce
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeMarket Perform ➝ OutperformC$3.00+18.11%
9/3/2024National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
M. Sidibe
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
7/2/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
O. Wowkodaw
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set TargetOutperformC$3.75+32.51%
6/27/2024Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Reagor
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
4/23/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$3.00 ➝ C$3.50+27.74%
3/4/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSpeculative BuyC$3.50 ➝ C$3.75+48.81%
10/10/2023Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$2.60 ➝ C$2.90+31.82%
9/26/2023Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSpeculative BuyC$3.00 ➝ C$3.25+45.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:24 AM ET.


DML Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Denison Mines is C$3.57, with a high forecast of C$4.15 and a low forecast of C$3.00.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Denison Mines in the last year. There are currently 5 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DML shares.

According to analysts, Denison Mines's stock has a predicted upside of 11.81% based on their 12-month stock forecasts.

Over the previous 90 days, Denison Mines's stock had 3 upgrades by analysts.

Denison Mines has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, National Bank Financial, and National Bankshares in the past 90 days.

Analysts like Denison Mines more than other "energy" companies. The consensus rating for Denison Mines is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how DML compares to other companies.


This page (TSE:DML) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners