Cameco (CCO) PT Raised to C$18.00 at TD Securities

Cameco (TSE:CCO) (NYSE:CCJ) had its target price boosted by TD Securities from C$15.00 to C$18.00 in a report published on Tuesday morning. They currently have a buy rating on the stock.

Several other research analysts have also commented on the company. Royal Bank Of Canada reduced their price target on Cameco from C$17.00 to C$16.00 and set an outperform rating for the company in a research report on Friday, October 20th. Scotiabank reduced their price target on Cameco from C$9.50 to C$9.00 and set an underperform rating for the company in a research report on Thursday, November 9th. Raymond James Financial reduced their price target on Cameco from C$15.00 to C$14.00 in a research report on Monday, October 23rd. Finally, BMO Capital Markets reduced their price target on Cameco from C$17.00 to C$15.00 in a research report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of C$14.14.

Cameco (TSE:CCO) opened at C$13.33 on Tuesday. Cameco has a 1 year low of C$9.90 and a 1 year high of C$17.65.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.00%. The ex-dividend date is Thursday, December 28th. Cameco’s dividend payout ratio is currently -54.79%.

In other Cameco news, Director James Kitchener Gowans bought 8,000 shares of Cameco stock in a transaction that occurred on Wednesday, November 22nd. The shares were bought at an average cost of C$12.52 per share, with a total value of C$100,160.00.

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About Cameco

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily 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.

Analyst Recommendations for Cameco (TSE:CCO)

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