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 […]

Click here to view original web page at beststocks.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.