Cameco Corporation – Consensus Indicates Potential 16.2% Upside

Broker Ratings
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Cameco Corporation found using ticker (CCJ) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 36.52 and 28.61 with the average target price sitting at 33.17. Given that the stocks previous close was at 28.55 this is indicating there is a potential upside of 16.2%. There is a 50 day moving average of 24.28 and the 200 moving average now moves to 24.17. The market capitalisation for the company is $11,494m. You can visit the company’s website by visiting: https://www.cameco.com

The potential market cap would be $13,355m based on the market concensus.

Cameco Corporation produces and sells uranium. It operates through 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. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles or reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

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