Stifel Canada upgraded shares of Cameco (TSE:CCO – Free Report) (NYSE:CCJ) to a strong-buy rating in a research note released on Wednesday,Zacks.com reports.
CCO has been the subject of several other reports. Raymond James upped their price target on Cameco from C$81.00 to C$88.00 in a research note on Friday, November 22nd. Royal Bank of Canada upped their price objective on Cameco from C$75.00 to C$90.00 in a report on Thursday, November 21st. Scotiabank upped their price objective on Cameco from C$80.00 to C$86.00 in a report on Tuesday, November 19th. Finally, TD Securities decreased their price objective on Cameco from C$91.00 to C$90.00 and set a “buy” rating on the stock in a report on Friday, February 21st. Six analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, Cameco currently has a consensus rating of “Buy” and an average price target of C$85.30.
Check Out Our Latest Research Report on CCO
Cameco Trading Up 1.1 %
About Cameco
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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