Cameco Corp (TSE:CCO) (NYSE:CCJ) had its price target raised by Royal Bank Of Canada from C$16.00 to C$17.00 in a research note issued to investors on Friday. The firm currently has an outperform rating on the stock.

CCO has been the subject of a number of other reports. Scotiabank reaffirmed a sector perform rating and set a C$14.50 target price on shares of Cameco Corp in a research report on Monday, May 1st. BMO Capital Markets reaffirmed an outperform rating and set a C$18.00 target price on shares of Cameco Corp in a research report on Monday, May 1st. CSFB decreased their target price on Cameco Corp from C$13.50 to C$10.00 in a research report on Tuesday, July 18th. Finally, TD Securities decreased their target price on Cameco Corp from C$18.00 to C$17.00 and set a buy rating for the company in a research report on Tuesday, May 2nd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Cameco Corp has an average rating of Buy and an average price target of C$15.83.

Cameco Corp (CCO) opened at 12.77 on Friday. Cameco Corp has a one year low of $9.88 and a one year high of $17.65. The company’s market cap is $5.05 billion. The company’s 50 day moving average price is $12.38 and its 200-day moving average price is $14.00.

Cameco Corp (TSE:CCO) (NYSE:CCJ) last posted its quarterly earnings data on Thursday, July 27th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.03. Cameco Corp had a negative return on equity of 1.38% and a negative net margin of 4.61%. The company had revenue of $469.74 million during the quarter. During the same quarter in the previous year, the firm earned ($0.14) EPS. On average, analysts forecast that Cameco Corp will post $0.40 EPS for the current fiscal year.

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The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Thursday, September 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.

Analyst Recommendations for Cameco Corp (TSE:CCO)

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