Cameco (TSE:CCO) Price Target Raised to C$110.00

Cameco (TSE:CCO - Get Free Report) NYSE: CCJ had its price objective increased by National Bankshares from C$100.00 to C$110.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target indicates a potential upside of 1.20% from the stock's previous close.

CCO has been the topic of several other research reports. TD Securities boosted their price target on shares of Cameco from C$77.00 to C$100.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Raymond James Financial raised their price target on shares of Cameco from C$96.00 to C$102.00 and gave the stock an "outperform" rating in a report on Tuesday, June 17th. Sanford C. Bernstein upgraded shares of Cameco to a "strong-buy" rating in a report on Tuesday, April 1st. Canaccord Genuity Group boosted their target price on shares of Cameco from C$83.50 to C$92.00 and gave the company a "buy" rating in a report on Monday, June 9th. Finally, BMO Capital Markets upped their price target on Cameco from C$85.00 to C$95.00 and gave the company an "outperform" rating in a report on Monday, June 9th. Nine research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$98.77.

Cameco Trading Down 0.4%

Shares of CCO traded down C$0.40 during mid-day trading on Thursday, reaching C$108.70. 809,617 shares of the company were exchanged, compared to its average volume of 1,204,910. Cameco has a 52 week low of C$48.71 and a 52 week high of C$109.84. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. The business has a 50 day simple moving average of C$93.32 and a two-hundred day simple moving average of C$74.74. The stock has a market capitalization of C$47.84 billion, a PE ratio of 410.70, a PEG ratio of 2.22 and a beta of 0.90.

Cameco Company Profile

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.