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 highest price target was 18.13, implying potential capital gains of 79.33 percent. The minimum price target given was 7.89, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.58 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 4.17 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 made negative revisions to their fiscal year's estimates.
CCJ has a 52-week high of 13.36 and a 52-week low of 7.41. Currently the stock is 36.44 percent higher than its low, and below the high by 24.33 percent. CCJ has a P/E 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 market cap of CCJ is $5.02 billion. CCJ will post this quarters earnings in days, on 0000-00-00.