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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment is engaged in the nuclear services businesses. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650-kilometer (Km) northeast of Perth and about 750 km south of its Kintyre project.


TSX:CCO - Post by User

Post by kijijion Apr 12, 2021 6:03pm
322 Views
Post# 32982186

Scotiabank Boosts Cameco (NYSE:CCJ) Price Target to $25.00

Scotiabank Boosts Cameco (NYSE:CCJ) Price Target to $25.00Cameco had its target price boosted by research analysts at Scotiabank from $23.00 to $25.00 in a research report issued to clients and investors on Monday, The Fly reports. The firm currently has an "outperform" rating on the basic materials company's stock. Scotiabank's target price would suggest a potential upside of 50.51% from the stock's current price.

A number of other equities analysts have also weighed in on CCJ. Zacks Investment Research upgraded shares of Cameco from a "sell" rating to a "hold" rating and set a $21.00 target price for the company in a research report on Friday, March 12th. Bank of America lowered shares of Cameco from a "buy" rating to a "neutral" rating in a research report on Thursday, February 11th. Cantor Fitzgerald upgraded shares of Cameco from a "hold" rating to a "buy" rating in a research report on Monday. Raymond James increased their price target on shares of Cameco from $17.00 to $20.00 and gave the stock an "outperform" rating in a report on Friday, January 15th. Finally, Royal Bank of Canada downgraded shares of Cameco from a "sector perform" rating to an "underperform" rating and set a $16.00 price target on the stock. in a report on Wednesday, December 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company's stock. Cameco has a consensus rating of "Hold" and a consensus target price of $20.83.
 
 
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