A number of other equities research analysts have also recently issued reports on CCO. Royal Bank Of Canada reduced their price objective on Cameco from C$17.00 to C$16.00 and set an outperform rating for the company in a report on Friday, October 20th. Raymond James Financial reduced their price objective on Cameco from C$15.00 to C$14.00 in a report on Monday, October 23rd. BMO Capital Markets reduced their price objective on Cameco from C$17.00 to C$15.00 in a report on Monday, October 30th. Finally, Scotiabank boosted their price objective on Cameco from C$9.50 to C$10.00 and gave the stock an underperform rating in a report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Cameco currently has a consensus rating of Hold and a consensus price target of C$14.14.
Shares of Cameco (TSE CCO) opened at C$13.48 on Tuesday. Cameco has a 1-year low of C$9.90 and a 1-year high of C$17.65.
In other Cameco news, Director James Kitchener Gowans purchased 8,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average cost of C$12.52 per share, for a total transaction of C$100,160.00.
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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