Cameco Corp (CCJ) Receives Consensus Rating of "Hold" from Brokerages

Adjust Comment Print

Sheaff Brock Investment Advisors LLC's holdings in Cameco Corporation were worth $138,000 as of its most recent SEC filing.

Currently Cameco Corp (NYSE:CCJ)'s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 70.1%. Timber Hill LLC purchased a new position in Cameco during the 4th quarter valued at about $117,000. Synovus Financial Corp now owns 62,156 shares of the basic materials company's stock worth $563,000 after buying an additional 14,830 shares in the last quarter. Schroder Investment Management Group now owns 3,193,443 shares of the basic materials company's stock worth $40,046,000 after purchasing an additional 1,991,550 shares during the last quarter. Brandes Investment Partners LP increased its position in Cameco Corporation by 37.4% in the second quarter. Four research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Mitchell Sinkler & Starr PA purchased a new stake in Cameco in the 3rd quarter worth about $113,000. Caisse DE Depot ET Placement DU Quebec now owns 16,182,205 shares of the basic materials company's stock worth $156,571,000 after purchasing an additional 3,995,805 shares during the last quarter.

Turkish Military Copter Crashes in Syria, 2 Killed
Moscow, in turn, has urged all the parties to exercise restraint and called for respect for Syria's territorial integrity. He said Turkey would respond harshly to the attack and that the "perpetrators" would pay a "heavy price" for the downing.

A number of analysts have weighed in on CCJ shares. Cameco's revenue for the quarter was down 8.8% compared to the same quarter past year. Scotia Capital maintained Cameco Corporation (TSE:CCO) on Friday, February 10 with "Sector Perform" rating. Finally, Royal Bank of Canada reduced their price target on Cameco from $17.00 to $16.00 and set an "outperform" rating for the company in a research report on Friday, October 20th. More interesting news about Cameco Corporation (NYSE:CCJ) were released by: Fool.com and their article: "Will 2018 Be Cameco Corporation's Best Year Yet?" published on January 18, 2018 as well as Fool.com's news article titled: "What to Expect From Cameco Corporation in 2018" with publication date: February 01, 2018.

"We will continue to review market conditions on an ongoing basis as we are looking for a sustained improvement to support our restart", the company said of its decision to shut down McArthur River and Key Lake. The company's 50 day moving average price is $10.00 and its 200 day moving average price is $10.12. Cameco has a twelve month low of $7.68 and a twelve month high of $12.37. State Common Retirement Fund reported 0% of its portfolio in Cameco Corporation (TSE:CCO). The basic materials company reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of $0.10 by ($0.20). Cameco had a negative net margin of 13.04% and a negative return on equity of 0.69%. The company had revenue of $809.00 million during the quarter, compared to analysts' expectations of $780.91 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The business's revenue for the quarter was down 8.8% compared to the same quarter past year.

Comments