Cameco Corporation – Consensus Indicates Potential 29.0% Upside

Broker Ratings
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Cameco Corporation found using ticker (CCJ) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 32.36 and 23.57 and has a mean target at 28.71. With the stocks previous close at 22.25 this would indicate that there is a potential upside of 29.0%. There is a 50 day moving average of 21.67 while the 200 day moving average is 21.18. The market cap for the company is $8,664m. Company Website: https://www.cameco.com

The potential market cap would be $11,179m 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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