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.

COPYRIGHT VIOLATION NOTICE: This story was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another domain, it was illegally copied and reposted in violation of US & international copyright law. The legal version of this story can be read at https://theolympiareport.com/2017/11/01/cenovus-energy-inc-cve-scheduled-to-post-quarterly-earnings-on-thursday.html.

Cenovus Energy Company Profile

Receive News & Ratings for Cenovus Energy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cenovus Energy Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.