Cameco (TSE:CCO) PT Raised to C$47.00

Cameco (TSE:CCOGet Rating) (NYSE:CCJ) had its price objective lifted by Bank of America from C$42.00 to C$47.00 in a report released on Tuesday morning, MarketBeat Ratings reports.

A number of other research analysts also recently issued reports on the stock. Scotiabank reduced their price objective on shares of Cameco from C$44.00 to C$42.00 in a research report on Monday, October 17th. Raymond James reduced their price objective on shares of Cameco from C$46.00 to C$45.00 in a research report on Friday, October 21st. Finally, TD Securities boosted their price objective on shares of Cameco from C$40.00 to C$41.00 and gave the company a buy rating in a research report on Friday, October 28th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Cameco currently has an average rating of Buy and a consensus target price of C$42.67.

Cameco Stock Up 0.5 %

Shares of Cameco stock opened at C$32.47 on Tuesday. The company has a current ratio of 5.11, a quick ratio of 3.74 and a debt-to-equity ratio of 21.56. The company’s fifty day simple moving average is C$33.69 and its two-hundred day simple moving average is C$32.29. The company has a market cap of C$14.04 billion and a P/E ratio of 111.97. Cameco has a 12-month low of C$23.03 and a 12-month high of C$41.05.

About Cameco

(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

Analyst Recommendations for Cameco (TSE:CCO)

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.