Thursday, 18 April 2013

Cameco stock rating price target by Zacks

Cameco stock rating price target by Zacks : Zacks upgraded shares of Cameco (NYSE: CCJ) from a neutral rating to an outperform rating in a research note issued to investors on Tuesday, StockRatingsNetwork reports. The firm currently has $22.80 target price on the stock.

Shares of Cameco (NYSE: CCJ) opened at 17.67 on Tuesday. Cameco has a one year low of $16.41 and a one year high of $23.84. The stock’s 50-day moving average is currently $20.54. The company has a market cap of $6.986 billion and a P/E ratio of 25.87.

Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity downgraded shares of Cameco from a buy rating to a hold rating in a research note to investors on Monday, April 8th. Analysts at Cantor Fitzgerald initiated coverage on shares of Cameco in a research note to investors on Wednesday, February 20th. They set a buy rating and a $30.50 price target on the stock.

Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $24.85.

Cameco Corporation (NYSE: CCJ) is engaged in the exploration for and the development, mining, refining, conversion and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries.

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