Analysts Set Cameco Co. (TSE:CCO) PT at $17.95
Shares of Cameco Co. (TSE:CCO) have been assigned a consensus rating of “Buy” from the thirteen analysts that are currently covering the firm. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$17.95.
Several equities research analysts have recently weighed in on the company. Dundee Securities reiterated a “buy” rating and issued a C$17.50 price target on shares of Cameco in a report on Monday, August 8th. Paradigm Capital reduced their price target on Cameco from C$25.50 to C$19.50 and set a “buy” rating on the stock in a report on Wednesday, August 3rd. Scotiabank reiterated a “sector perform” rating and issued a C$15.50 price target on shares of Cameco in a report on Friday, July 29th. TD Securities reduced their price target on Cameco from C$15.50 to C$14.50 and set a “hold” rating on the stock in a report on Friday, July 29th. Finally, RBC Capital Markets reduced their price objective on Cameco from C$17.00 to C$15.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th.
Cameco (TSE:CCO) opened at 11.30 on Monday. Cameco has a 1-year low of $11.05 and a 1-year high of $19.11. The stock’s market capitalization is $4.47 billion. The stock’s 50 day moving average price is $11.98 and its 200 day moving average price is $14.24.
In related news, insider Tim Scott Gitzel bought 7,800 shares of the company’s stock in a transaction on Monday, August 8th. The shares were acquired at an average price of C$12.69 per share, with a total value of C$98,982.00.
Cameco Company Profile
Cameco Corporation (Cameco) is a uranium producer. The Company is 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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