Cameco Corporation – Consensus Indicates Potential 52.5% Upside

Broker Ratings
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Cameco Corporation with ticker code (CCJ) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 35.79 and 29.86 with a mean TP of 33.04. Now with the previous closing price of 21.67 this is indicating there is a potential upside of 52.5%. The 50 day MA is 23.87 and the 200 moving average now moves to 25.18. The market cap for the company is $9,606m. You can visit the company’s website by visiting: https://www.cameco.com

The potential market cap would be $14,646m 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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