Cameco (TSE:CCO - Get Free Report) NYSE: CCJ had its price objective raised by equities researchers at National Bankshares from C$74.00 to C$85.00 in a research report issued on Thursday, BayStreet.CA reports. The firm currently has an "outperform" rating on the stock.
A number of other analysts also recently commented on the stock. National Bank Financial upgraded shares of Cameco to a "strong-buy" rating in a report on Tuesday, September 3rd. TD Securities lifted their price objective on Cameco from C$79.00 to C$80.00 in a research report on Monday, July 22nd. Canaccord Genuity Group upped their target price on Cameco from C$75.00 to C$78.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. Cantor Fitzgerald raised shares of Cameco from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 31st. Finally, Janney Montgomery Scott raised shares of Cameco to a "strong-buy" rating in a research note on Friday, October 4th. Eight analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of C$78.60.
Check Out Our Latest Stock Analysis on CCO
Cameco Price Performance
The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. The firm's 50 day moving average price is C$60.74 and its 200 day moving average price is C$65.29. The firm has a market capitalization of C$32.48 billion, a PE ratio of 126.49, a P/E/G ratio of 2.22 and a beta of 0.90. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$81.12.
Cameco (TSE:CCO - Get Free Report) NYSE: CCJ last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.14 earnings per share for the quarter, missing analysts' consensus estimates of C$0.39 by C($0.25). Cameco had a net margin of 9.70% and a return on equity of 4.23%. The firm had revenue of C$598.00 million during the quarter.
Insider Buying and Selling at Cameco
In other news, Director Catherine Gignac purchased 5,500 shares of the stock in a transaction dated Friday, August 2nd. The stock was acquired at an average cost of C$52.99 per share, for a total transaction of C$291,417.50. In related news, Senior Officer Ronald Liam Mooney sold 3,400 shares of the company's stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$70.49, for a total transaction of C$239,666.00. Also, Director Catherine Gignac purchased 5,500 shares of the firm's stock in a transaction on Friday, August 2nd. The stock was acquired at an average cost of C$52.99 per share, with a total value of C$291,417.50. 0.15% of the stock is owned by corporate insiders.
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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