Cameco (TSE:CCO) PT Lowered to C$14.00 at Royal Bank of Canada
Cameco (TSE:CCO) (NYSE:CCJ) had its target price decreased by Royal Bank of Canada from C$15.00 to C$14.00 in a report released on Thursday morning, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.
CCO has been the subject of a number of other research reports. TD Securities raised shares of Cameco from a hold rating to a buy rating and raised their price objective for the stock from C$14.00 to C$18.00 in a research note on Monday, May 4th. BMO Capital Markets raised their price objective on shares of Cameco from C$16.00 to C$17.00 in a research note on Thursday, June 25th. CIBC raised their price objective on shares of Cameco from C$12.00 to C$14.00 in a research note on Wednesday, April 1st. Eight Capital raised their price objective on shares of Cameco from C$15.00 to C$16.00 in a research note on Monday, July 20th. Finally, Raymond James increased their target price on shares of Cameco from C$16.00 to C$17.00 and gave the stock an outperform rating in a research report on Wednesday, July 15th.
Cameco stock opened at C$13.62 on Thursday. The company has a 50 day moving average price of C$14.53 and a 200 day moving average price of C$12.86. Cameco has a 52 week low of C$7.69 and a 52 week high of C$16.71. The company has a debt-to-equity ratio of 20.54, a quick ratio of 4.31 and a current ratio of 5.58. The firm has a market capitalization of $5.39 billion and a price-to-earnings ratio of 73.62.
Cameco Company Profile
Cameco Corporation produces and sells uranium worldwide. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; and the Inkai property located in Kazakhstan.
Read More: Basic Economics
Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.