Cameco (TSE:CCO) Price Target Raised to C$95.00 at National Bankshares

Cameco (TSE:CCO - Get Free Report) NYSE: CCJ had its target price upped by equities researchers at National Bankshares from C$81.00 to C$95.00 in a research note issued on Monday,BayStreet.CA reports. National Bankshares' price objective points to a potential upside of 5.57% from the stock's current price.

Several other analysts also recently commented on CCO. Stifel Canada raised Cameco to a "strong-buy" rating in a research note on Wednesday, March 12th. TD Securities lowered their price target on Cameco from C$90.00 to C$77.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Raymond James reduced their target price on Cameco from C$84.00 to C$83.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Sanford C. Bernstein raised Cameco to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, Scotiabank reduced their price target on Cameco from C$81.00 to C$80.00 and set an "outperform" rating on the stock in a research note on Thursday, May 22nd. Eight research 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.com, the stock has an average rating of "Buy" and a consensus price target of C$92.92.

Cameco Stock Performance

Shares of CCO traded down C$0.66 during midday trading on Monday, reaching C$89.99. 937,986 shares of the stock were exchanged, compared to its average volume of 1,221,325. The business's 50-day moving average price is C$68.69 and its 200 day moving average price is 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. The company has a market capitalization 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. Cameco has a twelve month low of C$48.71 and a twelve month 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.