BMO Capital Markets Trims Cameco Co. (CCO) Target Price to C$15.00
Other equities analysts also recently issued research reports about the stock. CSFB set a C$15.50 price objective on shares of Cameco in a research note on Thursday, June 30th. Dundee Securities restated a buy rating and issued a C$17.50 price objective on shares of Cameco in a research note on Monday, August 8th. Paradigm Capital decreased their price objective on shares of Cameco from C$25.50 to C$19.50 and set a buy rating for the company in a research note on Wednesday, August 3rd. TD Securities decreased their price objective on shares of Cameco from C$15.50 to C$14.50 and set a hold rating for the company in a research note on Friday, July 29th. Finally, Royal Bank Of Canada decreased their price objective on shares of Cameco from C$17.00 to C$15.00 and set an outperform rating for the company in a research note on Thursday, August 11th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Cameco currently has an average rating of Buy and an average target price of C$17.80.
Shares of Cameco (TSE:CCO) opened at 11.06 on Thursday. The firm’s market capitalization is $4.38 billion. The company has a 50-day moving average price of $11.87 and a 200 day moving average price of $14.11. Cameco has a 12-month low of $11.01 and a 12-month high of $19.11.
In other news, insider Tim Scott Gitzel purchased 7,800 shares of the business’s stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average cost of C$12.69 per share, with a total value of C$98,982.00.
Cameco Company Profile
Cameco Corporation (Cameco) is a uranium producer. The Company is engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.
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