Analyst Activity – Canaccord Genuity Reiterates Hold on Cenovus Energy (TSE:CVE)

0

Analyst Ratings For Cenovus Energy (TSE:CVE)

Today, Canaccord Genuity reiterated its Hold rating on Cenovus Energy (TSE:CVE) with a price target of C$18.50.

There are 1 sell rating, 3 hold ratings, 5 buy ratings on the stock.

The current consensus rating on Cenovus Energy (TSE:CVE) is Hold (Score: 2.44) with a consensus target price of C$22.25 per share, a potential .

Some recent analyst ratings include

  • 3/9/2017-Canaccord Genuity Reiterated Rating of Hold.
  • 2/17/2017-AltaCorp Capital Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
  • 2/17/2017-Scotiabank Reiterated Rating of Outperform.
  • 2/16/2017-Raymond James Financial, Inc. Reiterated Rating of Market Perform.


    About Cenovus Energy (TSE:CVE)
    Cenovus Energy Inc. is a Canada-based integrated oil company. The Company is engaged in the business of developing, producing and marketing crude oil, natural gas liquids (NGL) and natural gas. Its segments include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations. Its Oil Sands segment includes the development and production of bitumen and natural gas in northeast Alberta. Its bitumen assets include Foster Creek, Christina Lake and Narrows Lake, as well as projects in the early-stages of development, such as Grand Rapids and Telephone Lake. Its Conventional segment includes the development and production of conventional crude oil, NGLs and natural gas in Alberta and Saskatchewan, including the heavy oil assets at Pelican Lake, the carbon dioxide (CO2) enhanced oil recovery (EOR) project at Weyburn. Its Refining and Marketing segment includes transporting and selling crude oil and natural gas and joint ownership of two refineries in the United States.

    Recent Trading Activity for Cenovus Energy (TSE:CVE)
    Shares of Cenovus Energy closed the previous trading session at 16.12 down -0.42 -2.54% with 2,227,789 shares trading hands.