Cenovus Energy Inc (CVE) to Release Earnings on Thursday
Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 2nd. Analysts expect Cenovus Energy to post earnings of C$0.06 per share for the quarter.
Cenovus Energy Inc (CVE) opened at 12.03 on Thursday. The company has a 50-day moving average of $11.87 and a 200-day moving average of $11.34. Cenovus Energy Inc has a 1-year low of $8.89 and a 1-year high of $22.06. The stock has a market capitalization of $14.78 billion and a price-to-earnings ratio of 4.04.
CVE has been the subject of a number of research reports. J P Morgan Chase & Co upped their target price on shares of Cenovus Energy from C$11.00 to C$11.50 in a report on Thursday, September 14th. Canaccord Genuity upped their target price on shares of Cenovus Energy from C$14.00 to C$14.50 in a report on Wednesday, September 6th. Desjardins reduced their target price on shares of Cenovus Energy from C$24.00 to C$20.00 in a report on Tuesday, July 4th. National Bank Financial upped their target price on shares of Cenovus Energy to C$11.50 in a report on Friday, July 28th. Finally, CIBC reduced their target price on shares of Cenovus Energy from C$13.00 to C$11.00 in a report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. Cenovus Energy has a consensus rating of “Buy” and an average price target of C$16.79.
Cenovus Energy Company Profile
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