Cameco Corp (CCO) Price Target Raised to C$15.00

Cameco Corp (TSE:CCO) (NYSE:CCJ) had its target price upped by TD Securities from C$13.00 to C$15.00 in a research report released on Thursday morning. TD Securities currently has a buy rating on the stock.

A number of other research analysts have also weighed in on CCO. CSFB dropped their price target on shares of Cameco Corp from C$13.50 to C$10.00 in a research report on Tuesday, July 18th. Royal Bank of Canada raised their price target on shares of Cameco Corp from C$16.00 to C$17.00 and gave the company an outperform rating in a research report on Friday, July 28th. Scotiabank raised their price target on shares of Cameco Corp from C$14.00 to C$14.50 and gave the company a sector perform rating in a research report on Friday, July 28th. Raymond James Financial, Inc. dropped their price target on shares of Cameco Corp from C$15.00 to C$14.00 in a research report on Monday, October 23rd. Finally, BMO Capital Markets dropped their price target on shares of Cameco Corp from C$17.00 to C$15.00 in a research report on Monday, October 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. Cameco Corp currently has a consensus rating of Hold and an average price target of C$13.29.

Cameco Corp (TSE CCO) opened at C$11.88 on Thursday. Cameco Corp has a 12 month low of C$9.90 and a 12 month high of C$17.65.

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The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a yield of 3.37%. Cameco Corp’s dividend payout ratio (DPR) is presently -54.79%.

Cameco Corp Company Profile

Cameco Corporation (Cameco) is a uranium producer. The Company is primarily engaged in the exploration for and the development, mining, refining, conversion, fabrication and trading of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and other countries. The Company operates through three segments: uranium, fuel services and NUKEM.

Analyst Recommendations for Cameco Corp (TSE:CCO)

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