Centrus Energy initiated with an Outperform at William Blair

William Blair analyst Jed Dorsheimer initiated coverage of Centrus Energy (LEU) with an Outperform rating and no price target Centrus is uniquely positioned as the only U.S.-owned uranium enricher, providing advantages in both technology and national security, the analyst tells investors in a research note. The firm says that as the company transitions from a broker of foreign nuclear fuel to a producer and supplier, it will capture “significant” market share supplying the U.S. commercial nuclear fleet with low-enriched uranium and high-assay low-enriched uranium. Centrus should hold a position in any energy-themed investor portfolio, contends William Blair.