Analyst Ratings For Cenovus Energy (TSE:CVE)
Today, Instinet lowered its price target on Cenovus Energy (TSE:CVE) to C$18.00 per share.
There are 1 sell rating, 2 hold ratings, 6 buy ratings on the stock.
The current consensus rating on Cenovus Energy (TSE:CVE) is Buy (Score: 2.56) with a consensus target price of C$21.57 per share, a potential .
Some recent analyst ratings include
- 3/24/2017-TD Securities Upgrade from a “Hold ” rating to a ” Buy” rating.
- 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.
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 15.02 down -0.03 -0.20% with 20,222,054 shares trading hands.
