Cameco (TSE:CCO) Price Target Raised to C$100.00 at TD Securities

Cameco (TSE:CCO - Get Free Report) NYSE: CCJ had its price target increased by analysts at TD Securities from C$77.00 to C$100.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. TD Securities' target price indicates a potential upside of 11.12% from the stock's current price.

Several other equities analysts have also recently weighed in on CCO. Stifel Canada raised shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Raymond James dropped their price target on shares of Cameco from C$84.00 to C$83.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. National Bankshares raised their price target on shares of Cameco from C$81.00 to C$95.00 in a research report on Monday. Sanford C. Bernstein raised shares of Cameco to a "strong-buy" rating in a research report on Tuesday, April 1st. Finally, Canaccord Genuity Group raised their price target on shares of Cameco from C$83.50 to C$92.00 and gave the company a "buy" rating in a research report on Monday. Eight analysts have rated the stock with a buy rating and five have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$92.92.

Cameco Stock Down 0.7%

Shares of CCO stock traded down C$0.66 on Monday, reaching C$89.99. 937,986 shares of the company were exchanged, compared to its average volume of 1,221,325. The company has a market cap of C$39.61 billion, a price-to-earnings ratio of 340.01, a PEG ratio of 2.22 and a beta of 0.90. The company has a 50-day moving average of C$68.69 and a 200-day moving average of C$69.99. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. Cameco has a one year low of C$48.71 and a one year high of C$93.22.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.