Cameco (TSE:CCO – Free Report) (NYSE:CCJ) had its price target upped by Canaccord Genuity Group from C$75.00 to C$78.00 in a research report report published on Tuesday, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the stock.
Several other analysts also recently weighed in on the company. Scotiabank cut their target price on Cameco from C$81.00 to C$80.00 in a research note on Monday, August 19th. National Bank Financial upgraded shares of Cameco to a strong-buy rating in a research note on Tuesday, September 3rd. TD Securities upped their price objective on shares of Cameco from C$79.00 to C$80.00 in a report on Monday, July 22nd. National Bankshares set a C$74.00 target price on shares of Cameco and gave the company an outperform rating in a research note on Wednesday, September 4th. Finally, Cantor Fitzgerald raised shares of Cameco from a hold rating to a strong-buy rating in a research note on Wednesday, July 31st. Eight investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Buy and a consensus target price of C$77.50.
Get Our Latest Stock Analysis on Cameco
Cameco Stock Up 0.9 %
Cameco (TSE:CCO – Get Free Report) (NYSE:CCJ) last posted its earnings results on Wednesday, July 31st. The company reported C$0.14 EPS for the quarter, missing the consensus estimate of C$0.39 by C($0.25). The firm had revenue of C$598.00 million during the quarter. Cameco had a return on equity of 4.23% and a net margin of 9.70%.
Insider Buying and Selling at Cameco
In related news, Senior Officer Cory John-Paul Kos acquired 500 shares of Cameco stock in a transaction dated Monday, August 19th. The stock was acquired at an average cost of C$56.23 per share, with a total value of C$28,115.00. In related news, Senior Officer Cory John-Paul Kos acquired 500 shares of the business’s stock in a transaction on Monday, August 19th. The shares were purchased at an average price of C$56.23 per share, for a total transaction of C$28,115.00. Also, Director Catherine Gignac bought 5,500 shares of the firm’s stock in a transaction on Friday, August 2nd. The stock was purchased at an average price 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.
Cameco Company Profile
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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