Cameco Corporation – Consensus Indicates Potential 9.5% Upside

Broker Ratings

Cameco Corporation found using ticker (CCJ) have now 8 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 12.24 and 7 and has a mean target at 10.86. Now with the previous closing price of 9.92 this would indicate that there is a potential upside of 9.5%. There is a 50 day moving average of 9.68 and the 200 day moving average is 10.33. The market capitalisation for the company is $4,012m. Visit the company website at: http://www.cameco.com

Cameco Corporation produces and sells uranium. The company operates in 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. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada. 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 and 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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