Cenovus Energy (CVE)
(Real Time Quote from BATS)
$16.96 USD
-0.40 (-2.30%)
Updated Sep 25, 2024 01:08 PM ET
3-Hold of 5 3
A Value A Growth D Momentum A VGM
Cenovus Energy (CVE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$23.79 | $27.36 | $21.33 | 37.04% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for Cenovus Energy comes to $23.79. The forecasts range from a low of $21.33 to a high of $27.36. The average price target represents an increase of 37.04% from the last closing price of $17.36.
Analyst Price Targets (15)
Broker Rating
Cenovus Energy currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 1.20 a month ago based on 15 recommendations.
Of the 15 recommendations deriving the current ABR, 12 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 80% and 20% of all recommendations. A month ago, Strong Buy made up 80%, while Buy represented 20%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 12 | 12 | 12 | 12 | 12 |
Buy | 3 | 3 | 3 | 3 | 3 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | National Bank Financial | Travis Wood | Strong Buy | Strong Buy |
7/12/2024 | Scotiabank | Jason D Bouvier | Strong Buy | Strong Buy |
7/9/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/28/2024 | Raymond James Ltd. | Michael Barth | Not Available | Moderate Buy |
5/2/2024 | TD Securities | Menno Hulshof | Strong Buy | Strong Buy |
4/12/2024 | Tudor Pickering Holt & Co. | Jeoffrey R Lambujon | Strong Buy | Strong Buy |
3/31/2024 | Goldman Sachs | Neil S Mehta | Strong Buy | Strong Buy |
3/28/2024 | BMO Capital Markets | Randy Ollenberger | Strong Buy | Strong Buy |
3/22/2024 | Desjardins Securities | Chris Macculloch | Moderate Buy | Moderate Buy |
3/22/2024 | CIBC World Markets Corp. | Dennis Fong | Strong Buy | Strong Buy |
2/22/2024 | UBS | Manav Gupta | Hold | Strong Buy |
2/15/2024 | ATB Capital Markets | Patrick J O'Rourke | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.20 |
ABR (Last week) | 1.20 |
# of Recs in ABR | 15 |
Average Target Price | $23.79 |
LT Growth Rate | NA |
Industry | Oil and Gas - Integrated - Canadian |
Industry Rank by ABR | 203 of 253 |
Current Quarter EPS Est: | 0.56 |
CVE FAQs
Cenovus Energy Inc (CVE) currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms.
The average price target for Cenovus Energy Inc (CVE) is $23.79. The current on short-term price targets is based on 4 reports.
The forecasts for Cenovus Energy Inc (CVE) range from a low of $21.328 to a high of $27.36. The average price target represents a increase of $37.04 from the last closing price of $17.36.
The current UPSIDE for Cenovus Energy Inc (CVE) is 37.04%
Based on short-term price targets offered by 15 analysts, the average price target for Cenovus Energy comes to $23.79. The forecasts range from a low of $21.33 to a high of $27.36. The average price target represents an increase of 37.04% from the last closing price of $17.36.