Cameco Corporation (TSE:CCO) target price lowered to $15.00, issued a report today by BMO Capital Markets
- Updated: September 29, 2016
Yesterday Cameco Corporation (TSE:CCO) traded 1.06% higher at $11.45. The company’s 50-day moving average is $11.98 and its 200-day moving average is $14.24. The last stock close price is down -19.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 899,266 shares of the stock were exchanged, down from an average trading volume of 1,099,660
Cameco Corporation (TSE:CCO) had its target price lowered to $15.00 by BMO Capital Markets in a report released 9/29/2016. The new target price indicates a possible upside of 0.31% based on the company's last stock close price.
Previously on 9/20/2016, Scotia Capital reported about Cameco Corporation (TSE:CCO) raised the target price from $0.00 to $13.50. At the time, this indicated a possible upside of 0.17%.
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Cameco Corporation has a 52 week low of $11.05 and a 52 week high of $19.11 The company’s market cap is currently $0.
In addition to BMO Capital Markets reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is $13.08 with 2 firms rating the stock a strong buy, 6 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Cameco Corporation (TSE:CCO)
Cameco Corporation (Cameco) is a uranium producer. The Company is 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. The uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment involves the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The NUKEM segment acts as a market intermediary between uranium producers and nuclear-electric utilities. Cameco conducts a portion of its exploration, development, mining and milling activities through joint operations located around the world. Cameco's Canadian uranium joint operation interests are McArthur River, Key Lake and Cigar Lake.
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