Cameco Corporation – Consensus Indicates Potential 19.3% 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 target price ranges between 34.69 and 28.53 calculating the average target price we see 31.86. Given that the stocks previous close was at 26.7 this now indicates there is a potential upside of 19.3%. There is a 50 day moving average of 26.88 and the 200 moving average now moves to 24.76. The company has a market cap of $10,639m. Visit the company website at: https://www.cameco.com

The potential market cap would be $12,695m 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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