Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities researchers at Desjardins lifted their FY2025 earnings per share estimates for shares of Cameco in a research report issued to clients and investors on Monday, June 16th. Desjardins analyst B. Adams now anticipates that the company will post earnings of $1.25 per share for the year, up from their prior estimate of $1.10. Desjardins has a "Moderate Buy" rating on the stock.
CCO has been the subject of several other reports. BMO Capital Markets upped their target price on Cameco from C$85.00 to C$95.00 and gave the company an "outperform" rating in a report on Monday, June 9th. Sanford C. Bernstein upgraded Cameco to a "strong-buy" rating in a research note on Tuesday, April 1st. Stifel Nicolaus upped their price objective on Cameco from C$90.00 to C$105.00 in a research note on Tuesday, June 10th. Berenberg Bank upped their price objective on Cameco from C$75.00 to C$96.00 in a research note on Tuesday, June 10th. Finally, Raymond James upped their price objective on Cameco from C$83.00 to C$88.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Eight equities research analysts have rated the stock with a buy rating and five have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$93.08.
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Cameco Stock Performance
CCO stock opened at C$94.17 on Tuesday. The firm has a market cap of C$41.45 billion, a PE ratio of 355.80, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35. The business has a 50 day moving average of C$71.03 and a 200-day moving average of C$70.02. Cameco has a 12-month low of C$48.71 and a 12-month high of C$96.64.
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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