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


Cameco Corporation (CCO), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Andrew Wong from RBC Capital remains neutral on the stock.

Wong has an average return of 31.6% when recommending Cameco Corporation.

According to TipRanks.com, Wong is ranked #3403 out of 5194 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cameco Corporation with a C$18.17 average price target.

Cameco Corporation’s market cap is currently C$5.79B and has a P/E ratio of 35.2. The company has a Price to Book ratio of 1.16.

Cameco Corp. engages in the provision of uranium. The company operates through the following segments: Uranium and Fuel Services. The Uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate.

The company’s shares closed on Thursday at C$14.19.

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