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 | $16.25 | -17.66% |
| 2021-11-30 | 8 | $17.6 | $7.02 | $14.96 | $16.25 | -7.94% |
| 2021-12-16 | 8 | $17.6 | $15.2 | $16.63 | $16.25 | 2.34% |
| 2022-01-05 | 6 | $19.5 | $15.2 | $17.1 | $16.25 | 5.23% |
| 2022-01-30 | 6 | $19.5 | $16.38 | $17.5 | $16.25 | 7.69% |
| 2022-01-31 | 6 | $19.75 | $16.6 | $18.061 | $16.25 | 11.14% |
| 2022-02-09 | 6 | $22.12 | $16.6 | $18.498 | $16.25 | 13.83% |
| 2022-02-27 | 6 | $22.12 | $16.6 | $18.791 | $16.25 | 15.64% |
| 2022-03-11 | 6 | $22.7 | $17.32 | $19.808 | $16.25 | 21.9% |
| 2022-03-25 | 6 | $22.7 | $17.32 | $20.43 | $16.25 | 25.72% |
| 2022-04-13 | 6 | $27.65 | $17.32 | $21.518 | $16.25 | 32.42% |
| 2022-04-14 | 6 | $23.7 | $17.32 | $20.596 | $16.25 | 26.74% |
| 2022-04-18 | 6 | $23.765 | $17.32 | $20.893 | $16.25 | 28.57% |
| 2022-04-26 | 6 | $25.28 | $19.36 | $22.074 | $16.25 | 35.84% |
| 2022-04-28 | 7 | $25.74 | $19.8 | $22.871 | $16.25 | 40.74% |
| 2022-05-17 | 7 | $26.4 | $19.8 | $23.043 | $16.25 | 41.8% |
| 2022-06-06 | 7 | $26.4 | $19.8 | $23.463 | $16.25 | 44.39% |
| 2022-06-13 | 7 | $27.6 | $19.8 | $23.583 | $16.25 | 45.13% |
| 2022-06-15 | 7 | $32.8 | $19.8 | $24.651 | $16.25 | 51.7% |
| 2022-07-25 | 7 | $29.26 | $19.8 | $24.543 | $16.25 | 51.03% |
| 2022-07-29 | 7 | $29.26 | $22.4 | $25.944 | $16.25 | 59.66% |
| 2022-09-29 | 7 | $27.6 | $22.4 | $25.488 | $16.25 | 56.85% |
| 2022-10-14 | 6 | $27.6 | $22.4 | $25.177 | $16.25 | 54.94% |
| 2022-10-18 | 7 | $27.6 | $22.4 | $25.198 | $16.25 | 55.06% |
| 2022-10-21 | 7 | $27.15 | $22.4 | $25.011 | $16.25 | 53.91% |
| 2022-11-03 | 7 | $27.15 | $22.4 | $25.099 | $16.25 | 54.46% |
| 2022-11-21 | 13 | $27.15 | $15.43 | $23.538 | $16.25 | 44.85% |
| 2022-12-05 | 13 | $29.6 | $15.43 | $23.808 | $16.25 | 46.51% |
| 2022-12-07 | 13 | $29.6 | $15.43 | $23.871 | $16.25 | 46.9% |
| 2023-01-10 | 13 | $28.86 | $15.43 | $23.798 | $16.25 | 46.45% |
| 2023-01-17 | 13 | $28.86 | $15.43 | $23.792 | $16.25 | 46.41% |
| 2023-02-05 | 13 | $28.86 | $15.43 | $23.869 | $16.25 | 46.89% |
| 2023-02-22 | 12 | $28.86 | $15.43 | $23.86 | $16.25 | 46.83% |
The Trend in the Analyst Price Target
Over the past 16 months, CVE's average price target has gone up $10.48.
Over the past 45 weeks, CVE's average upside potential has been 26.42%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-04-13 | 6 | 27.65 | 17.32 | 21.518 | 17.50 | 22.96% |
| 2022-04-26 | 6 | 25.28 | 19.36 | 22.074 | 16.47 | 34.03% |
| 2022-09-29 | 7 | 27.60 | 22.40 | 25.488 | 15.59 | 63.49% |
| 2022-10-21 | 7 | 27.15 | 22.40 | 25.011 | 18.89 | 32.4% |
| 2023-02-17 | 12 | 28.86 | 15.43 | 23.860 | 18.18 | 31.24% |
CVE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.33 | 9 | 2 | 1 | 0 | 0 | 12 |
The Trend in the Broker Recommendations
CVE's average broker recommendation rating improved by 0.67 over the prior 16 months.
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.
- In terms of how CENOVUS ENERGY INC fares relative to stocks in the large market cap category, note that its average analyst price target is higher than 534.36% of that group.
- In the context of stocks in the large market cap category, CENOVUS ENERGY INC's number of analysts covering the stock is higher than 1034.83% of them.
- CVE has a lower variance in analysts' estimates than -1345.83% of Petroleum and Natural Gas stocks.
- CVE has a greater upside potential (average analyst target price relative to current price) than 2764.84% of Energy stocks.
Stocks similar to CENOVUS ENERGY INC in the Petroleum and Natural Gas industry regarding analyst recommendations and price targets are EC, OVV, and FANG.
View All Top Stocks by Price Target
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