Cenovus Energy (TSE:CVE) (NYSE:CVE) had its price objective boosted by National Bank Financial from C$13.00 to C$14.00 in a research note published on Tuesday. They currently have a sector perform rating on the stock.
A number of other analysts have also recently issued reports on CVE. JPMorgan Chase & Co. boosted their price objective on Cenovus Energy from C$11.00 to C$11.50 in a research report on Thursday, September 14th. Canaccord Genuity boosted their price objective on Cenovus Energy from C$14.50 to C$15.00 in a research report on Tuesday, September 26th. Barclays boosted their price objective on Cenovus Energy from C$15.00 to C$17.00 and gave the company an overweight rating in a research report on Tuesday, September 26th. CIBC boosted their price objective on Cenovus Energy from C$12.50 to C$14.50 in a research report on Monday, October 2nd. Finally, BMO Capital Markets boosted their price objective on Cenovus Energy from C$12.00 to C$14.00 in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. Cenovus Energy has a consensus rating of Hold and a consensus price target of C$15.40.
Shares of Cenovus Energy (CVE) opened at C$13.60 on Tuesday. The stock has a market capitalization of $16,710.00, a P/E ratio of 4.76 and a beta of 0.26. Cenovus Energy has a 1 year low of C$8.89 and a 1 year high of C$19.73.
In other Cenovus Energy news, insider Ivor Melvin Ruste acquired 30,000 shares of Cenovus Energy stock in a transaction on Monday, November 20th. The shares were bought at an average price of C$12.47 per share, with a total value of C$374,100.00. Also, Director Alex Pourbaix acquired 81,433 shares of Cenovus Energy stock in a transaction on Tuesday, November 21st. The stock was acquired at an average cost of C$12.28 per share, for a total transaction of C$999,997.24. In the last ninety days, insiders purchased 153,633 shares of company stock worth $1,967,303.
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Cenovus Energy Company Profile
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