Analyse Cameco stock

Plausibility check: confirmed
Current price: 84.38 EUR, Consensus price target: 112.66 EUR, which corresponds to +33.5% potential. For Cameco, despite its high valuation, this is still plausible because the stock is highly cyclical and heavily dependent on the price of uranium, long-term supply contracts and the structural expansion of nuclear energy.

Quantitative: The stated P/E ratio of 89.07 appears very high in isolation and speaks against classic value plausibility. However, Cameco is not a normal mature utility, but rather a commodity/nuclear stock with highly variable earnings. That's why EV/EBITDA, cash flow normalization...