▲ +18.24% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Cameco Co. (CCO.TO) in the last 3 months. The average price target is C$15.64, with a high forecast of C$17.00 and a low forecast of C$14.00. The average price target represents a 18.24% upside from the last price of C$13.23.
The current consensus among 3 polled investment analysts is to buy stock in Cameco Co. (CCO.TO). This rating has held steady since February 2019, when it changed from a Hold consensus rating.
Cameco Corporation produces and sells uranium. The company operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate. Its operating uranium property is the Cigar Lake property located in Saskatchewan, Canada. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services. This segment also produces fuel bundles and reactor components for CANDU reactors. The company sells its uranium and fuel services to nuclear utilities in the Americas, Europe, and Asia. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.