Cameco Ord Shs T.CCO

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

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Cameco 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.