Analyst Price Target is C$53.43
▼ -0.87% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Cameco in the last 3 months. The average price target is C$53.43, with a high forecast of C$60.00 and a low forecast of C$48.00. The average price target represents a -0.87% upside from the last price of C$53.90.
Current Consensus is
The current consensus among 3 polled investment analysts is to buy stock in Cameco. This Buy consensus rating has held steady for over two years.
Cameco Corporation provides uranium for the generation of electricity. It operates through two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. 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 assemblies, and zirconium-based reactor components for CANDU reactors. The company offers nuclear fuel processing services. It 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.