Cameco (TSE:CCO - Free Report) NYSE: CCJ had its price target increased by Stifel Nicolaus from C$90.00 to C$105.00 in a research report released on Tuesday,BayStreet.CA reports.
A number of other research analysts also recently issued reports on CCO. 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 report on Wednesday, March 12th. Scotiabank upped their price target on shares of Cameco from C$88.00 to C$93.00 and gave the company an "outperform" rating in a research report on Monday. Raymond James increased their price target on Cameco from C$83.00 to C$88.00 and gave the stock an "outperform" rating in a report on Monday. Finally, BMO Capital Markets boosted their price objective on Cameco from C$85.00 to C$95.00 and gave the company an "outperform" rating in a research note on Monday. Eight research 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, the company currently has an average rating of "Buy" and an average target price of C$92.92.
Read Our Latest Research Report on Cameco
Cameco Trading Down 0.0%
CCO traded down C$0.01 during midday trading on Tuesday, hitting C$90.64. 207,515 shares of the company were exchanged, compared to its average volume of 1,214,509. The firm's 50 day moving average price is C$68.69 and its 200-day moving average price is C$69.99. Cameco has a 1-year low of C$48.71 and a 1-year high of C$93.22. The firm has a market capitalization of C$39.89 billion, a P/E ratio of 342.47, 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.
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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