National Bankshares Analysts Give Cameco (TSE:CCO) a C$74.00 Price Target

National Bankshares set a C$74.00 price objective on Cameco (TSE:CCO) (NYSE:CCJ) in a research note released on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

CCO has been the subject of several other reports. Cantor Fitzgerald raised shares of Cameco from a hold rating to a strong-buy rating in a research report on Wednesday, July 31st. CIBC raised their target price on Cameco from C$74.00 to C$80.00 and gave the company an outperform rating in a report on Thursday, June 20th. Scotiabank dropped their price objective on shares of Cameco from C$81.00 to C$80.00 in a report on Monday, August 19th. TD Securities boosted their price objective on Cameco from C$79.00 to C$80.00 in a research report on Monday, July 22nd. Finally, Canaccord Genuity Group lowered their target price on shares of Cameco from C$80.00 to C$75.00 and set a buy rating on the stock in a research note on Tuesday, July 30th. Eight research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Buy and a consensus price target of C$77.20.

Cameco Trading Down 2.6 %

TSE CCO opened at C$50.14 on Wednesday. Cameco has a twelve month low of C$48.45 and a twelve month high of C$76.66. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22. The stock has a market cap of C$21.82 billion, a price-to-earnings ratio of 84.98, a PEG ratio of 2.22 and a beta of 0.88. The firm’s 50 day moving average price is C$60.01 and its two-hundred day moving average price is C$63.47.

Cameco (TSE:CCO) (NYSE:CCJ) last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.14 EPS for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.25). Cameco had a net margin of 9.70% and a return on equity of 4.23%. Equities analysts anticipate that Cameco will post 1.3534982 EPS for the current year.

Insider Activity at Cameco

In other Cameco news, Senior Officer Cory John-Paul Kos acquired 500 shares of Cameco stock in a transaction on Monday, August 19th. The shares were bought at an average price of C$56.23 per share, with a total value of C$28,115.00. In related news, Senior Officer Cory John-Paul Kos bought 500 shares of Cameco stock in a transaction dated Monday, August 19th. The shares were bought at an average cost of C$56.23 per share, for a total transaction of C$28,115.00. Also, Senior Officer Brian Arthur Reilly sold 28,125 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of C$71.27, for a total transaction of C$2,004,468.75. 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.