Cameco (TSE:CCO - Free Report) NYSE: CCJ had its price target boosted by Canaccord Genuity Group from C$83.50 to C$92.00 in a report issued on Monday,BayStreet.CA reports. They currently have a buy rating on the stock.
CCO has been the subject of several other reports. Scotiabank lowered their price target on shares of Cameco from C$81.00 to C$80.00 and set an "outperform" rating for the company in a report on Thursday, May 22nd. Stifel Canada upgraded shares of Cameco to a "strong-buy" rating in a report on Wednesday, March 12th. Raymond James lowered their price target on shares of Cameco from C$84.00 to C$83.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Desjardins raised shares of Cameco to a "moderate buy" rating in a research note on Thursday, April 3rd. Finally, Sanford C. Bernstein raised shares of Cameco to a "strong-buy" rating in a research note on Tuesday, April 1st. Eight investment analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$92.92.
Read Our Latest Analysis on Cameco
Cameco Price Performance
Shares of Cameco stock traded down C$0.66 during trading on Monday, reaching C$89.99. 937,986 shares of the company's stock were exchanged, compared to its average volume of 1,221,325. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. Cameco has a 1-year low of C$48.71 and a 1-year high of C$93.22. The company has a market cap of C$39.61 billion, a P/E ratio of 340.01, a PEG ratio of 2.22 and a beta of 0.90. The firm's 50-day moving average price is C$68.69 and its 200 day moving average price is C$69.99.
Cameco Company Profile
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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.
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