InvestorsObserver is giving Cameco Corp (CCJ) an Analyst Rating Rank of 3, meaning CCJ is ranked higher by analysts than 3% of stocks. The average price target for CCJ is $12.077 and analyst’s rate the stock as a Sell
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Cameco Corp Stock Today?
Cameco Corp (CCJ) stock has gained 8.62% while the S&P 500 has fallen -0.04% as of 1:45 PM on Tuesday, Mar 2. CCJ is higher by $1.38 from the previous closing price of $16.00 on volume of 6,549,582 shares. Over the past year the S&P 500 is up 26.22% while CCJ is higher by 101.86%. CCJ lost -$0.11 per share the over the last 12 months.
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