Cameco (TSE:CCO - Free Report) NYSE: CCJ had its price target lifted by Scotiabank from C$88.00 to C$93.00 in a research report released on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the stock. Scotiabank also issued estimates for Cameco's FY2025 earnings at $1.54 EPS and FY2026 earnings at $1.61 EPS.
CCO has been the topic of several other reports. Canaccord Genuity Group increased their price target on shares of Cameco from C$83.50 to C$92.00 and gave the stock a "buy" rating in a research report on Monday. Desjardins upgraded shares of Cameco to a "moderate buy" rating in a research report on Thursday, April 3rd. Stifel Canada upgraded shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. TD Securities increased their price target on shares of Cameco from C$77.00 to C$100.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Sanford C. Bernstein upgraded shares of Cameco to a "strong-buy" rating in a research report on Tuesday, April 1st. Eight investment analysts have rated the stock with a buy rating and five have given a strong buy rating to the stock. According to data from MarketBeat.com, Cameco currently has a consensus rating of "Buy" and a consensus price target of C$92.92.
Read Our Latest Report on CCO
Cameco Stock Performance
Cameco stock traded down C$0.66 during midday trading on Monday, reaching C$89.99. 937,986 shares of the company traded hands, compared to its average volume of 1,221,325. The firm has a market capitalization of C$39.61 billion, a price-to-earnings ratio of 340.01, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The business has a 50 day moving average of C$68.69 and a two-hundred day moving average of C$69.99. Cameco has a 12 month low of C$48.71 and a 12 month high of C$93.22. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74.
About Cameco
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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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