Cameco Corporation – Consensus Indicates Potential 21.6% Upside

Broker Ratings

Cameco Corporation found using ticker (CCJ) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 35.78 and 30.57 with a mean TP of 33.76. Given that the stocks previous close was at 27.76 this would imply there is a potential upside of 21.6%. The 50 day moving average now sits at 24.23 and the 200 moving average now moves to 24.58. The market capitalisation for the company is $11,794m. You can visit the company’s website by visiting:

The potential market cap would be $14,343m based on the market concensus.

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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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