Nuclear Power Plant Restart: Japan's Kashiwazaki Kariwa nuclear power plant is set to restart two reactors after receiving approval from a regional governor, marking a significant shift towards re-embracing nuclear energy post-Fukushima disaster.
Impact of Energy Imports: Japan's heavy reliance on fossil fuel imports, costing ¥10.7 trillion ($68 billion) last year, underscores the urgency for nuclear energy as electricity demand rises due to expanding data centers and semiconductor industries.
Regulatory Approval Process: The restart of reactors No.6 and No.7 at the plant awaits approval from the Niigata prefectural assembly, with the governor emphasizing the importance of adhering to regulatory standards.
Market Implications: The potential restart of nuclear reactors may influence investment in uranium and nuclear-themed ETFs, reflecting a renewed interest in nuclear energy as a viable power source.
Wall Street analysts forecast URA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for URA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast URA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for URA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 56.150
Low
Averages
High
Current: 56.150
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
