Cameco (TSE:CCO – Get Rating) (NYSE:CCJ) had its price objective raised by Raymond James from C$44.00 to C$45.00 in a report published on Tuesday morning, BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.
CCO has been the subject of several other reports. Scotiabank reduced their price objective on Cameco from C$44.00 to C$42.00 in a research note on Monday, October 17th. Bank of America raised their price objective on Cameco from C$42.00 to C$47.00 in a research note on Tuesday, November 22nd. Canaccord Genuity Group raised their price objective on Cameco from C$44.00 to C$46.00 in a research note on Thursday, January 19th. Finally, TD Securities raised their price objective on Cameco from C$40.00 to C$41.00 and gave the stock a buy rating in a research note on Friday, October 28th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of Buy and an average price target of C$44.50.
Get Cameco alerts:Cameco Price Performance
Shares of TSE CCO opened at C$37.23 on Tuesday. The company has a debt-to-equity ratio of 21.56, a quick ratio of 3.74 and a current ratio of 5.11. The company has a market cap of C$16.10 billion and a PE ratio of 128.38. The business has a 50-day simple moving average of C$32.22 and a two-hundred day simple moving average of C$33.28. Cameco has a fifty-two week low of C$23.72 and a fifty-two week high of C$41.05.
Insider Activity at Cameco
In related news, Senior Officer David Fehr Doerksen sold 17,319 shares of Cameco stock in a transaction that occurred on Wednesday, December 28th. The stock was sold at an average price of C$30.79, for a total transaction of C$533,252.01. Following the completion of the transaction, the insider now directly owns 14,337 shares in the company, valued at C$441,436.23.Cameco Company Profile
(Get Rating)
Cameco Corporation produces and sells uranium. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as 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.
Further Reading
- Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
- Dividend King Sysco: Buying On The Dip
- Is the 1,600% Rise in Genius Group Stock Justified?
- After Further Review, Investors Liked Exxon Mobil's Earnings
- Will Caterpillar Dig Its Way To Another Buying Opportunity?
Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.