Cameco Corporation – Consensus Indicates Potential 49.9% Upside

Broker Ratings
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Cameco Corporation found using ticker (CCJ) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 37.24 and 28.96 calculating the mean target price we have 33.77. With the stocks previous close at 22.53 this now indicates there is a potential upside of 49.9%. There is a 50 day moving average of 23.03 and the 200 moving average now moves to 24.18. The company has a market capitalisation of $9,163m. You can visit the company’s website by visiting: https://www.cameco.com

The potential market cap would be $13,735m 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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