Cameco Co. (TSE:CCO – Free Report) (NYSE:CCJ) – Stock analysts at Scotiabank upped their FY2025 earnings estimates for Cameco in a research note issued on Monday, June 9th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $1.54 for the year, up from their prior forecast of $1.19. Scotiabank currently has a “Outperform” rating and a $93.00 target price on the stock. Scotiabank also issued estimates for Cameco’s FY2026 earnings at $1.61 EPS.
CCO has been the topic of a number of other reports. Bank of America lifted their price target on shares of Cameco from C$93.00 to C$106.00 in a research report on Tuesday. Stifel Nicolaus lifted their price target on shares of Cameco from C$90.00 to C$105.00 in a research report on Tuesday. Stifel Canada raised shares of Cameco to a “strong-buy” rating in a research report on Wednesday, March 12th. Sanford C. Bernstein raised shares of Cameco to a “strong-buy” rating in a research report on Tuesday, April 1st. Finally, Desjardins raised shares of Cameco to a “moderate buy” rating in a research report on Thursday, April 3rd. Eight investment analysts have rated the stock with a buy rating and five have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$92.92.
Cameco Trading Up 0.6%
Shares of TSE CCO opened at C$90.53 on Thursday. The company’s fifty day moving average is C$70.19 and its 200-day moving average is C$70.11. The stock has a market cap of C$39.85 billion, a price-to-earnings ratio of 342.05, a P/E/G ratio of 2.22 and a beta of 0.90. Cameco has a twelve month low of C$48.71 and a twelve month high of C$93.22. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35.
Cameco Company Profile
Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, 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.
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