Cameco Corporation (CCO) Gets a Hold Rating from BMO Capital


Cameco Corporation (TSX: CCO), the Materials sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from BMO Capital’s analyst Alexander Pearce, with a C$14 price target.

Pearce has an average return of 42.5% when recommending Cameco Corporation.

According to TipRanks.com, Pearce is ranked #1462 out of 4875 analysts.

Cameco Corporation has an analyst consensus of Hold, with a price target consensus of C$15, representing a 15.8% upside. In a report issued on September 16, RBC Capital also reiterated a Hold rating on the stock with a C$15 price target.

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The company has a one-year high of C$15.95 and a one-year low of C$9.90. Currently, Cameco Corporation has an average volume of 970.4K.

Cameco Corp. engages in the provision of uranium. 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 company’s shares closed on Thursday at C$12.95.

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