In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Cameco Corporation (CCO). Analyst Brian MacArthur from Raymond James rated Cameco Corporation (CCO) a Buy, setting a C$18 price target.
According to TipRanks.com, MacArthur is a 1-star analyst with an average return of -1.5% and a 44.2% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Barrick Gold Corporation, and Teck Resources Limited.
Currently, the analyst consensus on Cameco Corporation is a Strong Buy with an average price target of C$18.17.
The company has a one-year high of C$17.12 and a one-year low of C$12.31. Currently, Cameco Corporation has an average volume of 927.2K.
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.
