TD Securities Cuts Cameco (TSE:CCO) Price Target to C$90.00

Cameco (TSE:CCO) (NYSE:CCJ) had its target price reduced by TD Securities from C$91.00 to C$90.00 in a report released on Friday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

CCO has been the topic of a number of other reports. Royal Bank of Canada boosted their price target on shares of Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. National Bankshares boosted their price target on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. BMO Capital Markets boosted their price target on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Scotiabank boosted their price target on shares of Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. Finally, Eight Capital boosted their price target on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Six analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$85.30.

Cameco Trading Down 6.1 %

Shares of TSE:CCO opened at C$61.87 on Friday. The company has a market cap of C$27.23 billion, a PE ratio of 233.76, a P/E/G ratio of 2.22 and a beta of 0.90. The company’s 50-day moving average price is C$72.89 and its 200 day moving average price is C$69.10. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$88.18. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35.

Insider Buying and Selling

In other news, Senior Officer Tim Scott Gitzel sold 50,000 shares of Cameco stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total value of C$4,283,000.00. Insiders own 0.15% of the company’s stock.

Cameco Company Profile

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.