The Cameco Corp (CCO) Price Target Raised to C$15.00 at Goldman Sachs Group, Inc. (The), Report finds

Other equities analysts also recently issued reports about the stock. Scotiabank restated a “sector perform” rating and issued a C$12.50 price target on shares of Cameco Corp in a research note on Wednesday, November 23rd. TD Securities decreased their price target on shares of Cameco Corp from C$21.00 to C$18.00 and set a “buy” rating on the stock in a research note on Thursday, February 2nd. Royal Bank Of Canada restated a “sector perform” rating on shares of Cameco Corp in a research note on Friday. RBC Capital Markets downgraded shares of Cameco Corp from an “outperform” rating to a “sector perform” rating in a research note on Thursday, February 2nd. Finally, CIBC decreased their price target on shares of Cameco Corp from C$22.00 to C$14.00 in a research note on Thursday, November 3rd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$16.88.

Cameco Corp (TSE:CCO) (NYSE:CCJ) had its target price boosted by investment analysts at Goldman Sachs Group, Inc. (The) from C$14.00 to C$15.00 in a note issued to investors on Monday. Goldman Sachs Group, Inc. (The)’s price target would indicate a potential upside of 3.09% from the stock’s current price.

Shares of Cameco Corp (TSE:CCO) traded up 5.36% during midday trading on Monday, hitting $15.33. 1,531,184 shares of the company traded hands. The stock’s 50-day moving average is $15.27 and its 200 day moving average is $12.79. Cameco Corp has a 12-month low of $9.88 and a 12-month high of $17.67. The stock’s market capitalization is $6.07 billion.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 13th. Stockholders of record on Friday, March 31st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.75%.

Cameco Corp Company Profile

Cameco Corp (Cameco) is a Canada-based 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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