Raymond James Analysts Give Cameco (TSE:CCO) a C$15.00 Price Target
Raymond James set a C$15.00 price target on Cameco (TSE:CCO) (NYSE:CCJ) in a report issued on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
Other equities analysts have also issued reports about the stock. CIBC reduced their price target on shares of Cameco from C$13.00 to C$12.00 in a research report on Thursday, January 23rd. BMO Capital Markets reduced their price target on shares of Cameco from C$16.00 to C$15.50 in a research report on Tuesday, December 17th.
CCO opened at C$12.36 on Monday. Cameco has a 12-month low of C$10.60 and a 12-month high of C$16.79. The company has a current ratio of 5.63, a quick ratio of 3.52 and a debt-to-equity ratio of 20.57. The firm has a market capitalization of $4.93 billion and a PE ratio of 47.54. The firm has a 50 day moving average of C$11.49 and a two-hundred day moving average of C$11.93.
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.
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