Cameco (TSE:CCO) (NYSE:CCJ)‘s stock had its “sector perform” rating reaffirmed by equities research analysts at Royal Bank of Canada in a research report issued on Thursday, BayStreet.CA reports.
Other analysts have also recently issued reports about the stock. TD Securities cut shares of Cameco from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$20.00 to C$17.50 in a research note on Thursday. Raymond James reissued an “outperform” rating and set a C$18.00 price objective on shares of Cameco in a research note on Tuesday, February 12th. BMO Capital Markets boosted their price objective on shares of Cameco from C$16.50 to C$17.50 in a research note on Monday, February 11th. Finally, CIBC boosted their price objective on shares of Cameco from C$16.00 to C$17.00 in a research note on Monday, January 21st.
Shares of TSE CCO opened at C$14.62 on Thursday. Cameco has a 52-week low of C$12.31 and a 52-week high of C$17.12. The firm has a market cap of $5.64 billion and a PE ratio of 61.17. The company has a debt-to-equity ratio of 30.16, a current ratio of 2.55 and a quick ratio of 1.67.
Cameco Company Profile
Cameco Corporation produces and sells uranium worldwide. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium properties include the Cigar Lake property located in Saskatchewan, Canada; and the Inkai property located in Kazakhstan.
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