Analysts Offer Insights on Energy Companies: Cameco (CCJ) and Denison Mines (DNN)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Cameco (CCJ) and Denison Mines (DNN) with bullish sentiments.
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Cameco (CCJ)
Bank of America Securities analyst Lawson Winder maintained a Buy rating on Cameco today. The company’s shares closed last Monday at $106.99.
According to TipRanks.com, Winder is a 5-star analyst with an average return of
Currently, the analyst consensus on Cameco is a Strong Buy with an average price target of $122.80, which is a 17.0% upside from current levels. In a report issued on June 4, TipRanks – PerPlexity also upgraded the stock to Buy with a C$179.00 price target.
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Denison Mines (DNN)
In a report issued on June 12, Craig Hutchison from TD Cowen maintained a Buy rating on Denison Mines, with a price target of C$6.50. The company’s shares closed last Monday at $3.37.
According to TipRanks.com, Hutchison is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Denison Mines with a $4.76 average price target.
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Disclaimer & DisclosureReport an Issue
- Cameco call volume above normal and directionally bullish
- Cameco Raises Cigar Lake Stake in $115.75 Million Deal to Extend Uranium Growth
- Cameco raises ownership stake in Cigar Lake Mine
- Cameco Restores Full Output at McArthur River and Key Lake After Flood Disruption
- Cameco’s McArthur River/Key Lake operation resumes production
