BMO Capital Markets Analysts Give Cameco (CCO) a C$15.00 Price Target

Cameco (TSE:CCO) (NYSE:CCJ) received a C$15.00 price target from analysts at BMO Capital Markets in a research report issued to clients and investors on Monday. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 35.75% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the company. Scotiabank boosted their target price on Cameco from C$10.00 to C$12.00 and gave the stock an “underperform” rating in a research report on Tuesday, December 5th. TD Securities boosted their target price on Cameco from C$15.00 to C$18.00 and gave the stock a “buy” rating in a research report on Tuesday, December 5th. CSFB dropped their target price on Cameco from C$11.50 to C$11.25 in a research report on Monday, January 8th. Paradigm Capital dropped their target price on Cameco from C$14.50 to C$12.50 and set a “hold” rating on the stock in a research report on Thursday. Finally, Raymond James Financial dropped their target price on Cameco from C$15.00 to C$14.00 in a research report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Cameco presently has an average rating of “Hold” and a consensus price target of C$13.53.

Shares of Cameco (CCO) traded up C$0.32 during mid-day trading on Monday, reaching C$11.05. The company had a trading volume of 1,560,000 shares, compared to its average volume of 1,360,000. The firm has a market cap of $4,370.00, a PE ratio of -15.14 and a beta of 0.81. Cameco has a 1 year low of C$9.90 and a 1 year high of C$16.17.

In other Cameco news, Director James Kitchener Gowans bought 8,000 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were bought at an average price of C$12.52 per share, for a total transaction of C$100,160.00.

WARNING: “BMO Capital Markets Analysts Give Cameco (CCO) a C$15.00 Price Target” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/02/12/bmo-capital-markets-analysts-give-cameco-cco-a-c15-00-price-target.html.

Cameco Company Profile

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

Analyst Recommendations for Cameco (TSE:CCO)

Receive News & Ratings for Cameco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cameco and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply