Raymond James analyst Brian MacArthur maintained a Buy rating on Cameco (NYSE:CCJ) Corp on Tuesday, setting a price target of C$16, which is approximately 61.94% above the present share price of $9.88.
MacArthur expects Cameco Corp to post earnings per share (EPS) of -$0.05 for the second quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Cameco, with an average price target of $11.64.
The analysts price targets range from a high of $13.17 to a low of $10.25.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $345.55 million and a net profit of $2.67 million. The company's market cap is $3.99 billion.
According to TipRanks.com, Raymond James analyst Brian MacArthur is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.6% and a 46.13% success rate.
Cameco Corp. engages in the provision of uranium. The company operates through the following segments: Uranium and Fuel Services. The Uranium segment involves the exploration for, mining, milling, purchase and sale of uranium concentrate. The Fuel Services segment involves the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. Cameco was founded in 1988 and is headquartered in Saskatoon, Canada.