RBC Capital analyst Andrew Wong CFA maintained a Sell rating on Cameco (NYSE:CCJ) Corp on Wednesday, setting a price target of C$17, which is approximately 23.45% below the present share price of $17.8.
Wong CFA expects Cameco Corp to post earnings per share (EPS) of -$0.09 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Cameco, with an average price target of $20.35.
The analysts price targets range from a high of $23 to a low of $13.63.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $359.21 million and a net profit of -$28.88 million. The company's market cap is $7.08 billion.
According to TipRanks.com, RBC Capital analyst Andrew Wong CFA is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.0% and a 59.81% 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.