Cameco (NYSE:CCJ) Hit “Hold” From “Buy”.

June 27, 2018 - By Madeline Delgado

Cameco Corporation (NYSE:CCJ) Corporate Logo

TD Securities Cut Cameco (NYSE:CCJ)’s Stock Rating to “Hold”.

On Tuesday morning TD Securities changed the $4.51 billion market cap company’s rating. stock research analysts has downgraded it to “Hold” from “Buy”.

Cameco Corporation (NYSE:CCJ) Ratings Coverage

In total 2 analysts cover Cameco (NYSE:CCJ). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. (NYSE:CCJ) has 0 bullish analysts. 2 are the (NYSE:CCJ)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, June 26 TD Securities downgraded the shares of CCJ in report to “Hold” rating. On Tuesday, May 22 RBC Capital Markets downgraded the shares of CCJ in report to “Sector Perform” rating.

CCJ reached $11.12 during the last trading session after $0.05 change.Cameco Corporation has volume of 575,537 shares. Since June 27, 2017 CCJ has risen 12.74% and is uptrending. CCJ outperformed the S&P500 by 0.17%.

Investors wait Cameco Corporation (NYSE:CCJ)’s quarterly earnings on July, 26., according to Zacks. This year’s earnings per share analyst estimate is anticipated to be $0.05. That is 162.50 % up compareed to $-0.08 earnings per share for last year. CCJ’s profit could hit $20.28M with 55.60 P/E in case $0.05 earnings per share is revealed. After $0.05 earnings per share was revealed last quarter, analysts now see EPS growth of 0.00 % for Cameco Corporation.

Cameco Corporation produces and sells uranium worldwide.The firm is valued at $4.51 billion. The firm operates through three divisions: Uranium, Fuel Services, and NUKEM.Currently it has negative earnings. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrates.

More recent Cameco Corporation (NYSE:CCJ) news were announced by Fool.com, Prnewswire.com and Seekingalpha.com. The first one has “Where Will Cameco Corporation Be in 5 Years?” as a title and was announced on June 13, 2018. The next is “Nuclear Power is Seen as a Solution to Insufficiencies in Energy Infrastructures” on June 27, 2018. And last was announced on June 06, 2018, called “Uranium sector should see further price rise, analyst says”.

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