Analysts recommend Cameco Co. (NYSE:CCJ) as a “Moderate Buy” on average.

According to Bloomberg Ratings, out of the ten rating agencies that are currently covering Cameco Co. (NYSE: CCJ) (TSE: CCO), the stock has been given an average rating of “Moderate Buy.” This rating was arrived at by considering the ratings those rating agencies offered to the company. As a result, analysts have given this stock five buy recommendations, four sell recommendations, and one neutral recommendation. In addition, the average price target established for the stock by market analysts who have rated the company in the preceding year and have set price targets for it is currently set at $43.00 for the period of the next 12 months.

The CCJ has been in touch with several different research organizations. In a report distributed on Tuesday, October 18th, Scotiabank indicated that the price target it had established for Cameco shares had decreased from $44.00 to $42.00. In a research note published by […]

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