Analyst Ratings for Cameco Corp. (CCJ)

Updated: 2017-07-26

An average rating of Overweight has been given to Cameco Corp. (NYSE:CCJ) by analysts covering the stock. CCJ had previously received a consensus rating of Overweight a month ago.

10 analysts issued ratings on the stock, where 6 gave CCJ a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 2 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CCJ by the analysts covering the stock. The maximum price target given was 18.13, implying potential capital gains of 79.33 percent. The most pessimistic price target was 7.89, implying potential capital losses of -21.96 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -11.11 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.58 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 4.17 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

CCJ has traded between a high of 13.36 and a low of 7.41 over the past year. The current market price is above the trailing year's low by 36.44 percent, and below the high by 24.33 percent. CCJ has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CCJ value stock report compares CCJ to some of its peers using value stock charts. The stock has a market capitalization of $5.02 billion. CCJ's next earnings release will be on 0000-00-00, which is days away.