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Cenovus Energy Inc (CVE)
NYSE:CVE
Holding CVE?
Track your performance easily
See the Price Targets and Ratings of:
CVE Analyst Ratings
Strong Buy
10 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CVE Stock 12 Month Forecast
Average Price Target
$22.02
▲(36.01% Upside)
| Highest Price Target$24.31 | Average Price Target$22.02 | Lowest Price Target$20.02 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Desjardins
Reiterated
11/04/24
RBC Capital
Reiterated
10/31/24
Jefferies
Reiterated
10/31/24
BMO Capital
Reiterated
10/31/24
CIBC
Reiterated
10/18/24
Raymond James
Reiterated
10/15/24
J.P. Morgan
Reiterated
10/14/24
Scotiabank
Reiterated
10/10/24
National Bank
Reiterated
09/27/24
Morgan Stanley
Reiterated
09/16/24
Goldman Sachs
―
Buy
―
Reiterated
08/01/24
Cenovus Energy: Strong Buy Recommendation on Robust Financial Health and Shareholder Value Proposition
TD Securities
$21.45→$22.88
Buy
41.34%
Upside
Reiterated
05/02/24
Cenovus Energy price target raised to C$32 from C$30 at TD SecuritiesCenovus Energy price target raised to C$32 from C$30 at TD Securities
UBS
$22.17
Buy
36.92%
Upside
Upgraded
02/23/24
Cenovus Energy upgraded to Buy from Neutral at UBSCenovus Energy upgraded to Buy from Neutral at UBS
Best Analysts Covering Cenovus Energy
Which Analyst Should I Follow If I Want to Buy CVE and Sell After:
1 Month
xxx
Success Rate
15/27 ratings generated profit
Average Return
+1.58%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 55.56% of your transactions generating a profit, with an average return of +1.58% per trade.
3 Months
xxx
Success Rate
22/36 ratings generated profit
Average Return
+6.44%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 61.11% of your transactions generating a profit, with an average return of +6.44% per trade.
1 Year
Success Rate
15/27 ratings generated profit
Average Return
+16.87%
reiterated a buy rating last month
Copying Dennis Fong's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +16.87% per trade.
2 Years
xxx
Success Rate
15/27 ratings generated profit
Average Return
+19.75%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 55.56% of your transactions generating a profit, with an average return of +19.75% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CVE Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
17
17
16
19
16
Buy
3
1
1
1
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
20
18
17
20
16
Each month's total comprises the sum of three months' worth of ratings.
CVE Financial Forecast
CVE Stock Forecast FAQ
What is CVE’s average 12-month price target, according to analysts?
Based on analyst ratings, Cenovus Energy Inc’s 12-month average price target is $22.02.
What is CVE’s upside potential, based on the analysts’ average price target?
Cenovus Energy Inc has 36.01% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CVE a Buy, Sell or Hold?
Cenovus Energy Inc has a consensus rating of Strong Buy which is based on 10 buy ratings, 0 hold ratings and 0 sell ratings.
What is Cenovus Energy Inc’s price target?
The average price target for Cenovus Energy Inc is $22.02. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $24.31 ,the lowest forecast is $20.02. The average price target represents 36.01% Increase from the current price of $16.19.
The highest analyst price target is $24.31 ,the lowest forecast is $20.02. The average price target represents 36.01% Increase from the current price of $16.19.
What do analysts say about Cenovus Energy Inc?
Cenovus Energy Inc’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of CVE?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.