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.

Investment analysts gave a few price targets for CCJ. The maximum price target given was 18.13, which equates to a potential upside of 79.33 percent. The most pessimistic price target was 7.89, implying potential capital losses of -21.96 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -11.11 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.58 percent. 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. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.

In the trailing 52-weeks, CCJ hit 13.36 at the highest peak, while it's lowest trading point was 7.41. The current market price is above the trailing year's low by 36.44 percent, and 24.33 percent lower than its 52-week high. 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.