BWX Technologies (BWXT) Receives Price Target

BWX Technologies (BWXT) : The highest level BWX Technologies (BWXT) is projected to reach is $43 for the short term and the lowest estimate is at $39. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $41 and the possibility the share price can swing is $2.

BWX Technologies (BWXT) : 3 brokerage houses believe that BWX Technologies (BWXT) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on BWX Technologies (BWXT). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.


BWX Technologies (NYSE:BWXT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.87 and $38.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.12, notching a gain of 0.80% for the day. The total traded volume was 677,975 . The stock had closed at $38.81 on the previous day.

BWX Technologies Inc., formerly The Babcock & Wilcox Company, is a technology innovator in power generation systems a constructor of nuclear components and a service provider in its segments. The Company operates in five business segments: Power Generation Nuclear Operations Technical Services Nuclear Energy and mPower. The Power Generation segment supplies boilers fired with fossil fuels oil and natural gas or renewable fuels. The Nuclear Operations segment engineers design and manufacture precision naval nuclear components and reactors. The Technical Services segment provides uranium processing environmental site restoration services and management services. The mPower segment is developing the B&W mPower reactor and the associated mPower Plant.

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