Cameco Corp (CCO) PT Raised to C$10.00

Cameco Corp (TSE:CCO) (NYSE:CCJ) had its target price boosted by investment analysts at Scotiabank from C$9.50 to C$10.00 in a research note issued to investors on Monday. The brokerage currently has an “underperform” rating on the stock. Scotiabank’s target price points to a potential downside of 4.58% from the company’s previous close.

CCO has been the topic of several other reports. Royal Bank Of Canada decreased their target price on shares of Cameco Corp from C$17.00 to C$16.00 and set an “outperform” rating on the stock in a report on Friday, October 20th. TD Securities decreased their target price on shares of Cameco Corp from C$13.50 to C$13.00 and set a “buy” rating on the stock in a report on Monday. CSFB decreased their target price on shares of Cameco Corp from C$13.50 to C$10.00 in a report on Tuesday, July 18th. Raymond James Financial, Inc. decreased their target price on shares of Cameco Corp from C$15.00 to C$14.00 in a report on Monday, October 23rd. Finally, BMO Capital Markets decreased their target price on shares of Cameco Corp from C$17.00 to C$15.00 in a report on Monday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of C$13.25.

Cameco Corp (TSE:CCO) opened at 10.48 on Monday. Cameco Corp has a 52-week low of $9.90 and a 52-week high of $17.65. The firm’s market capitalization is $4.15 billion. The firm has a 50-day moving average of $11.71 and a 200-day moving average of $12.51.

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About Cameco Corp

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

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