Cenovus Energy Inc (CVE) Scheduled to Post Quarterly Earnings on Thursday
Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) will announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of C$0.06 per share for the quarter.
Shares of Cenovus Energy Inc (TSE CVE) opened at 12.52 on Wednesday. Cenovus Energy Inc has a one year low of $8.89 and a one year high of $22.06. The firm has a market cap of $15.38 billion and a price-to-earnings ratio of 4.20. The stock has a 50 day moving average price of $12.12 and a 200 day moving average price of $11.28.
A number of brokerages have commented on CVE. National Bank Financial increased their price objective on Cenovus Energy from C$11.00 to C$12.50 and gave the company a “sector perform” rating in a research report on Tuesday, September 26th. Canaccord Genuity increased their price objective on Cenovus Energy from C$14.50 to C$15.00 in a research report on Tuesday, September 26th. CSFB decreased their price objective on Cenovus Energy from C$20.00 to C$15.00 and set an “outperform” rating on the stock in a research report on Monday, August 21st. BMO Capital Markets reduced their price target on Cenovus Energy from C$20.00 to C$17.00 and set a “market perform” rating on the stock in a research report on Tuesday, July 4th. Finally, CIBC raised their price target on Cenovus Energy from C$12.50 to C$14.50 in a research report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$16.38.
Cenovus Energy Company Profile
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