Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities research analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of Cameco in a research report issued to clients and investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $1.70 per share for the year, up from their prior estimate of $1.67. Scotiabank has a "Outperform" rating and a $81.00 price objective on the stock.
Other equities research analysts have also recently issued research reports about the company. TD Securities reduced their price objective on Cameco from C$90.00 to C$77.00 and set a "buy" rating for the company in a report on Tuesday. Sanford C. Bernstein upgraded Cameco to a "strong-buy" rating in a research report on Tuesday, April 1st. National Bankshares dropped their target price on Cameco from C$87.00 to C$81.00 and set an "outperform" rating for the company in a report on Wednesday, April 2nd. Stifel Canada raised Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Finally, Desjardins raised shares of Cameco to a "moderate buy" rating in a report on Thursday, April 3rd. Six investment analysts have rated the stock with a buy rating and five have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$83.22.
Check Out Our Latest Report on Cameco
Cameco Stock Down 0.4 %
CCO stock traded down C$0.25 during mid-day trading on Wednesday, reaching C$57.00. The company had a trading volume of 802,142 shares, compared to its average volume of 1,243,016. The company has a market capitalization of C$25.09 billion, a price-to-earnings ratio of 215.36, a PEG ratio of 2.22 and a beta of 0.90. Cameco has a 52 week low of C$48.71 and a 52 week high of C$88.18. The stock has a 50 day simple moving average of C$60.79 and a two-hundred day simple moving average of C$70.21. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74.
About Cameco
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Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, 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.
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