Cenovus Energy Inc. (NYSE:CVE) Analyst Ratings as of May 16, 2018

May 16, 2018 - By Kristin Houston

Cenovus Energy Inc. (NYSE:CVE) Corporate Logo

Cenovus Energy Inc. (NYSE:CVE) Ratings Coverage

Total analysts of 4 have positions in Cenovus Energy Inc Common Stock (NYSE:CVE) as follows: 0 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 0. Since March 7, 2018 according to StockzIntelligence Inc Cenovus Energy Inc Common Stock has 4 analyst reports. On Tuesday, April 24 the rating was upgraded by Raymond James to “Market Perform”. On Monday, April 16 the firm has “Equal-Weight” rating by Morgan Stanley given. On Thursday, April 5 the rating was maintained by Bank of America with “Neutral”. Listed here are Cenovus Energy Inc. (NYSE:CVE) PTs and latest ratings.

24/04/2018 Broker: Raymond James Old Rating: Underperform New Rating: Market Perform Upgrade
16/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $15 New Target: $13 Maintain
05/04/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral New Target: $9 Maintain
07/03/2018 Broker: UBS Rating: Neutral Initiates Coverage On

CVE is hitting $10.88 during the last trading session, after increased 0.18%.Cenovus Energy Inc. has volume of 2.64 million shares. Since May 16, 2017 CVE has declined 35.61% and is downtrending. The stock underperformed the S&P 500 by 47.16%.

Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids , and natural gas in Canada.The firm is valued at $13.30 billion. The Company’s Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta.The P/E ratio is 4.56. This segmentÂ’s bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as projects in the early stages of development, such as Telephone Lake.

Cenovus Energy Inc. (NYSE:CVE) Analyst Ratings Chart

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