Cenovus Energy Inc. (CVE) Social Stream
CENOVUS ENERGY INC (CVE) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering CENOVUS ENERGY INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-04 | 8 | $17.38 | $6.511 | $13.381 | $17.01 | -21.33% |
| 2021-11-30 | 8 | $17.6 | $7.02 | $14.96 | $17.01 | -12.05% |
| 2021-12-16 | 8 | $17.6 | $15.2 | $16.746 | $17.01 | -1.55% |
| 2022-01-05 | 8 | $19.5 | $15.2 | $17.1 | $17.01 | 0.53% |
| 2022-01-30 | 6 | $19.5 | $16.38 | $17.5 | $17.01 | 2.88% |
| 2022-01-31 | 6 | $19.75 | $16.6 | $18.061 | $17.01 | 6.18% |
| 2022-02-09 | 6 | $22.12 | $16.6 | $18.498 | $17.01 | 8.75% |
| 2022-02-27 | 6 | $22.12 | $16.6 | $18.791 | $17.01 | 10.47% |
| 2022-03-11 | 6 | $22.7 | $17.32 | $19.808 | $17.01 | 16.45% |
| 2022-03-25 | 6 | $22.7 | $17.32 | $20.43 | $17.01 | 20.11% |
| 2022-04-13 | 6 | $27.65 | $17.32 | $21.518 | $17.01 | 26.5% |
| 2022-04-14 | 6 | $23.765 | $17.32 | $21.049 | $17.01 | 23.74% |
| 2022-04-18 | 6 | $23.765 | $17.32 | $20.893 | $17.01 | 22.83% |
| 2022-04-26 | 6 | $25.28 | $19.36 | $22.074 | $17.01 | 29.77% |
| 2022-04-28 | 7 | $26.4 | $19.8 | $23.003 | $17.01 | 35.23% |
| 2022-05-17 | 7 | $26.4 | $19.8 | $23.043 | $17.01 | 35.47% |
| 2022-06-06 | 7 | $26.4 | $19.8 | $23.463 | $17.01 | 37.94% |
| 2022-06-13 | 7 | $27.6 | $19.8 | $23.583 | $17.01 | 38.64% |
| 2022-06-15 | 7 | $32.8 | $19.8 | $24.651 | $17.01 | 44.92% |
| 2022-07-25 | 7 | $29.26 | $19.8 | $24.543 | $17.01 | 44.29% |
| 2022-07-29 | 7 | $29.26 | $19.8 | $24.894 | $17.01 | 46.35% |
| 2022-09-29 | 6 | $27.6 | $22.4 | $25.488 | $17.01 | 49.84% |
| 2022-10-14 | 6 | $27.6 | $22.4 | $25.177 | $17.01 | 48.01% |
| 2022-10-18 | 7 | $27.6 | $22.4 | $25.198 | $17.01 | 48.14% |
| 2022-10-21 | 7 | $27.15 | $22.4 | $25.011 | $17.01 | 47.04% |
| 2022-11-03 | 7 | $27.15 | $22.4 | $25.099 | $17.01 | 47.55% |
| 2022-11-21 | 13 | $27.15 | $15.43 | $23.538 | $17.01 | 38.38% |
| 2022-12-05 | 13 | $29.6 | $15.43 | $23.808 | $17.01 | 39.96% |
| 2022-12-07 | 13 | $29.6 | $15.43 | $23.871 | $17.01 | 40.34% |
| 2023-01-10 | 13 | $28.86 | $15.43 | $23.798 | $17.01 | 39.91% |
| 2023-01-17 | 13 | $28.86 | $15.43 | $23.725 | $17.01 | 39.48% |
| 2023-02-05 | 13 | $28.86 | $15.43 | $23.869 | $17.01 | 40.32% |
| 2023-02-22 | 12 | $28.86 | $15.43 | $23.86 | $17.01 | 40.27% |
| 2023-03-27 | 13 | $28.86 | $15.43 | $23.552 | $17.01 | 38.46% |
| 2023-04-17 | 13 | $28.86 | $15.43 | $22.979 | $17.01 | 35.09% |
| 2023-04-18 | 13 | $28.12 | $15.43 | $22.609 | $17.01 | 32.92% |
| 2023-04-28 | 13 | $28.12 | $15.43 | $22.556 | $17.01 | 32.6% |
| 2023-04-30 | 13 | $28.12 | $15.43 | $21.956 | $17.01 | 29.08% |
| 2023-05-26 | 13 | $28.12 | $15.43 | $21.881 | $17.01 | 28.64% |
| 2023-05-30 | 13 | $28.12 | $15.43 | $22.413 | $17.01 | 31.76% |
| 2023-06-06 | 13 | $28.12 | $15.43 | $22.341 | $17.01 | 31.34% |
| 2023-06-29 | 13 | $28 | $15.43 | $22.039 | $17.01 | 29.56% |
| 2023-07-12 | 14 | $28 | $15.43 | $21.884 | $17.01 | 28.65% |
| 2023-07-17 | 14 | $25.4 | $15.43 | $21.385 | $17.01 | 25.72% |
| 2023-07-24 | 14 | $25.4 | $15.43 | $21.481 | $17.01 | 26.28% |
| 2023-07-28 | 14 | $25.4 | $15.43 | $21.494 | $17.01 | 26.36% |
| 2023-08-07 | 14 | $25.4 | $15.43 | $21.415 | $17.01 | 25.9% |
| 2023-08-27 | 14 | $26.28 | $15.43 | $21.652 | $17.01 | 27.29% |
| 2023-09-06 | 14 | $26.28 | $15.43 | $21.722 | $17.01 | 27.7% |
| 2023-09-18 | 14 | $26.28 | $15.43 | $21.804 | $17.01 | 28.18% |
| 2023-10-05 | 14 | $26.28 | $15.43 | $21.858 | $17.01 | 28.5% |
| 2023-10-12 | 14 | $27.04 | $15.43 | $22.396 | $17.01 | 31.66% |
| 2023-10-16 | 13 | $27.04 | $16.16 | $23.149 | $17.01 | 36.09% |
| 2023-10-21 | 13 | $27.04 | $16.16 | $23.283 | $17.01 | 36.88% |
| 2023-10-25 | 13 | $27.04 | $16.16 | $23.364 | $17.01 | 37.35% |
| 2023-11-04 | 13 | $26.28 | $21.29 | $23.926 | $17.01 | 40.66% |
| 2023-11-07 | 13 | $27.6 | $21.29 | $24.146 | $17.01 | 41.95% |
| 2023-11-20 | 13 | $27.6 | $21.29 | $24.034 | $17.01 | 41.29% |
| 2023-12-06 | 13 | $27.6 | $21.29 | $24.003 | $17.01 | 41.11% |
| 2023-12-08 | 13 | $25.92 | $21.29 | $23.896 | $17.01 | 40.48% |
| 2023-12-12 | 13 | $25.92 | $21 | $23.659 | $17.01 | 39.09% |
| 2023-12-15 | 13 | $25.92 | $21 | $23.656 | $17.01 | 39.07% |
The Trend in the Analyst Price Target
CVE's average price target has moved up $19.23 over the prior 43 months.
CVE reports an average of 26.79% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-17 | 12 | 28.86 | 15.43 | 23.860 | 18.18 | 31.24% |
| 2023-04-17 | 13 | 28.86 | 15.43 | 22.979 | 17.70 | 29.82% |
| 2023-08-07 | 14 | 25.40 | 15.43 | 21.415 | 19.20 | 11.54% |
| 2023-10-16 | 13 | 27.04 | 16.16 | 23.149 | 21.01 | 10.18% |
| 2023-11-04 | 13 | 26.28 | 21.29 | 24.040 | 19.13 | 25.67% |
CVE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.31 | 10 | 2 | 1 | 0 | 0 | 13 |
The Trend in the Broker Recommendations
CVE's average broker recommendation rating improved by 0.79 over the prior 30 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- To contextualize these metrics, consider that out of stocks in the large market cap category, CENOVUS ENERGY INC's average analyst price target is greater than 1047.18% of them.
- To contextualize these metrics, consider that out of Energy stocks, CENOVUS ENERGY INC's upside potential (average analyst target price relative to current price) is higher than 5865.26% of them.
- CENOVUS ENERGY INC's variance in analysts' estimates is lower than -3573.75% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of stocks in the large market cap category, CENOVUS ENERGY INC's number of analysts covering the stock is greater than 2728.98% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Petroleum and Natural Gas industry with the ratings most similar to CENOVUS ENERGY INC are EC, OVV, and DVN.
View All Top Stocks by Price Target
Make investment decisions regarding CVE using the data that counts. Try POWR Ratings for free.