Cenovus Energy Inc. (CVE) Social Stream



Cenovus Energy Inc. (CVE): $18.41

-0.84 (-4.36%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CENOVUS ENERGY INC (CVE) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CVE.

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 $20.16 -33.63%
2021-11-30 8 $17.6 $7.02 $14.96 $20.16 -25.79%
2021-12-16 8 $17.6 $15.2 $16.63 $20.16 -17.51%
2022-01-05 8 $19.5 $15.2 $17.1 $20.16 -15.18%
2022-01-30 6 $19.5 $16.38 $17.5 $20.16 -13.19%
2022-01-31 6 $19.75 $16.6 $18.061 $20.16 -10.41%
2022-02-09 6 $22.12 $16.6 $18.498 $20.16 -8.24%
2022-02-27 6 $22.12 $16.6 $18.791 $20.16 -6.79%
2022-03-11 6 $22.7 $17.32 $19.808 $20.16 -1.75%
2022-03-25 6 $22.7 $17.32 $20.43 $20.16 1.34%
2022-04-13 6 $27.65 $17.32 $21.518 $20.16 6.74%
2022-04-14 6 $23.7 $17.32 $20.596 $20.16 2.16%
2022-04-18 6 $23.765 $17.32 $20.893 $20.16 3.64%
2022-04-26 6 $25.28 $19.36 $22.074 $20.16 9.49%
2022-04-28 7 $25.74 $19.8 $22.871 $20.16 13.45%
2022-05-17 7 $26.4 $19.8 $23.043 $20.16 14.3%
2022-06-06 7 $26.4 $19.8 $23.463 $20.16 16.38%
2022-06-13 7 $27.6 $19.8 $23.583 $20.16 16.98%
2022-06-15 7 $32.8 $19.8 $24.651 $20.16 22.28%
2022-07-25 7 $29.26 $19.8 $24.543 $20.16 21.74%
2022-07-29 7 $29.26 $22.4 $25.944 $20.16 28.69%
2022-09-29 7 $27.6 $22.4 $25.488 $20.16 26.43%
2022-10-14 6 $27.6 $22.4 $25.177 $20.16 24.89%
2022-10-18 7 $27.6 $22.4 $25.198 $20.16 24.99%
2022-10-21 7 $27.15 $22.4 $25.011 $20.16 24.06%
2022-11-03 7 $27.15 $22.4 $25.099 $20.16 24.5%
2022-11-21 13 $27.15 $15.43 $23.538 $20.16 16.76%
2022-12-05 13 $29.6 $15.43 $23.808 $20.16 18.1%
2022-12-07 13 $29.6 $15.43 $23.871 $20.16 18.41%
2023-01-10 13 $28.86 $15.43 $23.798 $20.16 18.05%
2023-01-17 13 $28.86 $15.43 $23.725 $20.16 17.68%
2023-01-24 13 $28.86 $15.43 $23.869 $20.16 18.4%

The Trend in the Analyst Price Target


Over the past 24 months, CVE's average price target has gone up $14.07.

Over the past 51 weeks, CVE's average upside potential has been 25.26%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-04-14 6 23.70 17.32 20.596 17.47 17.89%
2022-06-15 7 32.80 19.80 24.651 21.48 14.76%
2022-11-03 13 27.15 15.43 23.604 20.97 12.56%
2023-01-10 13 28.86 15.43 23.798 18.74 26.99%
2023-01-17 13 28.86 15.43 23.725 19.16 23.83%

CVE Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.38 9 3 1 0 0 13

The Trend in the Broker Recommendations


CVE's average broker recommendation rating improved by 0.05 over the prior 31 weeks.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CVE as an investment opportunity.

  • CVE has a greater average analyst price target than 493.33% 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 970.04% of them.
  • In the context of Petroleum and Natural Gas stocks, CENOVUS ENERGY INC's variance in analysts' estimates is lower than -1190.35% of them.
  • CVE has a higher upside potential (average analyst target price relative to current price) than 2351.68% of Energy stocks.

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 FANG.

Is CVE a Buy, Hold or Sell? See the POWR Ratings now!


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