Cameco Co. (TSE:CCO – Get Free Report) (NYSE:CCJ) has been assigned a consensus rating of “Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. Eight analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$77.50.
Several equities research analysts have recently commented on the stock. Canaccord Genuity Group raised their target price on shares of Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. National Bank Financial upgraded shares of Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. National Bankshares set a C$74.00 price target on shares of Cameco and gave the stock an “outperform” rating in a research note on Wednesday, September 4th. Finally, Scotiabank decreased their price target on shares of Cameco from C$81.00 to C$80.00 in a research note on Monday, August 19th.
Read Our Latest Report on Cameco
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Cameco Trading Down 2.2 %
TSE:CCO opened at C$78.34 on Wednesday. The company has a 50-day moving average price of C$60.32 and a 200-day moving average price of C$65.18. Cameco has a 12 month low of C$48.71 and a 12 month high of C$81.12. The company has a current ratio of 3.22, a quick ratio of 3.74 and a debt-to-equity ratio of 25.39. The stock has a market cap of C$34.09 billion, a price-to-earnings ratio of 132.78, a P/E/G ratio of 2.22 and a beta of 0.90.
Cameco (TSE:CCO – Get Free Report) (NYSE:CCJ) last posted its earnings results on Wednesday, July 31st. The company reported C$0.14 EPS for the quarter, missing the consensus estimate of C$0.39 by C($0.25). Cameco had a return on equity of 4.23% and a net margin of 9.70%. The company had revenue of C$598.00 million during the quarter.
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.
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