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Raymond James Issues Positive Forecast for Cameco (TSE:CCO) Stock Price

Cameco logo with Energy background

Cameco (TSE:CCO - Free Report) NYSE: CCJ had its price objective lifted by Raymond James from C$83.00 to C$88.00 in a research note issued to investors on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock. Raymond James also issued estimates for Cameco's Q2 2025 earnings at $0.54 EPS, Q4 2025 earnings at $0.59 EPS, FY2025 earnings at $1.64 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.87 EPS and FY2026 earnings at $2.16 EPS.

A number of other research analysts also recently issued reports on the company. Desjardins upgraded Cameco to a "moderate buy" rating in a research note on Thursday, April 3rd. Sanford C. Bernstein upgraded Cameco to a "strong-buy" rating in a research report on Tuesday, April 1st. Stifel Canada upgraded Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Scotiabank lowered their price target on Cameco from C$81.00 to C$80.00 and set an "outperform" rating for the company in a research report on Thursday, May 22nd. Finally, TD Securities lifted their price objective on shares of Cameco from C$77.00 to C$100.00 and gave the stock a "buy" rating in a research note on Monday. Eight analysts have rated the stock with a buy rating and five have issued a strong buy rating to the stock. According to data from MarketBeat, Cameco has an average rating of "Buy" and a consensus price target of C$92.92.

Check Out Our Latest Analysis on Cameco

Cameco Stock Performance

Shares of CCO stock traded up C$3.33 during trading hours on Monday, reaching C$90.65. The company had a trading volume of 1,414,548 shares, compared to its average volume of 1,223,855. 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 fifty day moving average price of C$67.95 and a 200-day moving average price of C$69.85. Cameco has a one year low of C$48.71 and a one year high of C$93.22. The firm has a market cap of C$39.90 billion, a PE ratio of 342.50, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90.

Cameco Company Profile

(Get Free Report)

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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Analyst Recommendations for Cameco (TSE:CCO)

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