Centrus Energy: Secular Tailwinds And Regulatory Environment Make The Company Still Cheap

Monty Rakusen Our coverage of Centrus (NYSE:LEU) dates back to 2021. It was indeed the very first article we published on Seeking Alpha, and before the stock went on a wild run with gains of more than 100%. Today, 3 years after that analysis, we find that the momentum behind the trends we were expecting is accelerating, and the stock is still cheap. We think there is an overall upside potential of around 35% to $58 per share. The double play: long-term HALEU projects paired with the spot LEU business Wh ...