TD Securities Trims Cameco Corp (CCO) Target Price to C$13.00

Cameco Corp (TSE:CCO) (NYSE:CCJ) had its price objective trimmed by TD Securities from C$13.50 to C$13.00 in a research report report published on Monday. The brokerage currently has a buy rating on the stock.

CCO has been the subject of several other reports. Royal Bank Of Canada decreased their price objective on shares of Cameco Corp from C$17.00 to C$16.00 and set an outperform rating for the company in a research note on Friday, October 20th. Scotiabank lifted their price objective on shares of Cameco Corp from C$14.00 to C$14.50 and gave the company a sector perform rating in a research note on Friday, July 28th. CSFB decreased their price objective on shares of Cameco Corp from C$13.50 to C$10.00 in a research note on Tuesday, July 18th. Finally, Raymond James Financial, Inc. decreased their price objective on shares of Cameco Corp from C$15.00 to C$14.00 in a research note on Monday, October 23rd. One research analyst has rated the stock with a sell rating, one has issued 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 price target of C$13.25.

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The company also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Thursday, December 28th.

Cameco Corp Company Profile

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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