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Cenovus Energy - CVE Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$30.78
  • Forecasted Upside: 15.55%
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 9 Buy Ratings
  • 1 Strong Buy Ratings
C$26.64 As of 09/22/2023 01:00 AM ET
▲ +0.07 (0.26%)

This chart shows the closing price for CVE by one month, three months, or twelve months.

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Analyst Price Target for CVE

Analyst Price Target is C$30.78
▲ +15.55% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Cenovus Energy in the last 3 months. The average price target is C$30.78, with a high forecast of C$35.00 and a low forecast of C$26.00. The average price target represents a 15.55% upside from the last price of C$26.64.

This chart shows the closing price for CVE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 11 investment analysts is to buy stock in Cenovus Energy. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/1/2022
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2022
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2022
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2022
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2023
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/25/2023
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/24/2023
  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/23/2023

Latest Recommendations

  • 1 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/18/2023DesjardinsBoost TargetBuyC$31.00 ➝ C$33.50
9/6/2023ScotiabankUpgradeSector Perform ➝ OutperformC$28.00 ➝ C$30.00
8/22/2023DesjardinsSet TargetBuyC$31.00
7/28/2023National BanksharesLower TargetC$33.00 ➝ C$31.00
7/25/2023DesjardinsLower TargetBuyC$32.00 ➝ C$31.00
7/13/2023BMO Capital MarketsBoost TargetC$26.00 ➝ C$27.00
7/12/2023Royal Bank of CanadaLower TargetC$28.00 ➝ C$27.00
7/12/2023UBS GroupSet TargetNeutralC$26.00
6/29/2023National Bank FinancialLower TargetC$38.00 ➝ C$33.00
6/29/2023National BanksharesLower TargetC$38.00 ➝ C$33.00
5/15/2023Morgan StanleyLower TargetC$30.00 ➝ C$29.00
5/1/2023Jefferies Financial GroupLower TargetC$35.00 ➝ C$33.00
4/27/2023DesjardinsLower TargetC$34.00 ➝ C$33.00
4/27/2023TD SecuritiesLower TargetBuyC$30.00 ➝ C$29.00
4/27/2023Royal Bank of CanadaLower TargetOutperformC$29.00 ➝ C$28.00
4/27/2023BMO Capital MarketsLower TargetC$27.00 ➝ C$26.00
4/18/2023National Bank FinancialLower TargetC$39.00 ➝ C$38.00
4/18/2023National BanksharesLower TargetC$39.00 ➝ C$38.00
4/17/2023ATB CapitalLower TargetC$36.00 ➝ C$31.00
4/17/2023BMO Capital MarketsLower TargetC$30.00 ➝ C$27.00
4/14/2023ScotiabankDowngradeOutperform ➝ Sector Perform
4/13/2023ScotiabankLower TargetC$31.00 ➝ C$28.00
4/6/2023CSFBLower TargetC$33.00 ➝ C$31.00
3/27/2023BMO Capital MarketsLower TargetC$32.00 ➝ C$30.00
3/27/2023Morgan StanleyLower TargetC$33.00 ➝ C$32.00
2/17/2023BMO Capital MarketsLower TargetC$33.00 ➝ C$32.00
2/17/2023CSFBLower TargetC$35.00 ➝ C$33.00
2/17/2023Veritas Investment ResearchReiterated RatingBuy
2/1/2023JPMorgan Chase & Co.Reiterated RatingFocus Stock
1/17/2023CIBCLower TargetC$32.00 ➝ C$31.00
1/17/2023JPMorgan Chase & Co.Lower TargetC$36.00 ➝ C$34.00
1/16/2023Raymond JamesLower TargetC$33.00 ➝ C$32.00
12/7/2022Raymond JamesBoost TargetOutperformC$32.00 ➝ C$33.00
11/21/2022Credit Suisse GroupUpgradeOutperformC$35.00
11/21/2022ATB CapitalBoost TargetC$35.00 ➝ C$37.00
11/21/2022CSFBUpgradeMarket Perform ➝ OutperformC$37.00 ➝ C$35.00
11/3/2022Raymond JamesBoost TargetOutperformC$30.00 ➝ C$32.00
11/3/2022Royal Bank of CanadaBoost TargetOutperformC$31.00 ➝ C$32.00
10/19/2022Jefferies Financial GroupSet TargetBuyC$35.00
10/13/2022ScotiabankLower TargetC$34.00 ➝ C$33.00
9/30/2022National BanksharesLower TargetC$38.00 ➝ C$36.00
8/31/2022CIBCLower TargetC$34.00 ➝ C$32.00
8/11/2022Credit Suisse GroupReiterated RatingOutperformC$37.00
8/11/2022CSFBSet TargetOutperformC$37.00
7/29/2022JPMorgan Chase & Co.Boost TargetC$34.00 ➝ C$36.00
7/18/2022National BanksharesLower TargetOutperformC$41.00 ➝ C$38.00
7/11/2022JPMorgan Chase & Co.Boost TargetC$31.00 ➝ C$34.00
7/8/2022Credit Suisse GroupReiterated RatingOutperformC$37.00
7/5/2022Raymond JamesBoost TargetOutperformC$27.00 ➝ C$30.00
6/9/2022CIBCBoost TargetC$30.00 ➝ C$34.00
6/9/2022CSFBBoost TargetC$32.00 ➝ C$37.00
6/9/2022Credit Suisse GroupBoost TargetBuyC$37.00
6/8/2022ScotiabankBoost TargetC$25.00 ➝ C$34.00
5/9/2022Credit Suisse GroupBoost TargetOutperformC$26.00 ➝ C$32.00
5/9/2022CSFBBoost TargetC$28.00 ➝ C$32.00
4/28/2022Raymond JamesSet TargetOutperformC$27.00
4/28/2022BMO Capital MarketsBoost TargetC$26.00 ➝ C$30.00
4/28/2022Royal Bank of CanadaBoost TargetOutperformC$27.00 ➝ C$28.00
4/28/2022ATB CapitalBoost TargetOutperformC$31.00 ➝ C$33.00
4/14/2022CIBCBoost TargetC$28.00 ➝ C$30.00
4/14/2022National BanksharesLower TargetC$35.00 ➝ C$28.00
4/12/2022JPMorgan Chase & Co.Boost TargetC$29.00 ➝ C$30.00
3/25/2022Raymond JamesBoost TargetOutperformC$22.00 ➝ C$27.00
3/14/2022BMO Capital MarketsBoost TargetC$25.00 ➝ C$26.00
3/8/2022ScotiabankBoost TargetC$20.00 ➝ C$24.00
2/14/2022Credit Suisse GroupBoost TargetOutperformC$26.00
2/14/2022CSFBBoost TargetOutperformC$22.00 ➝ C$26.00
2/9/2022Raymond JamesReiterated RatingOutperformC$22.00
2/9/2022Royal Bank of CanadaLower TargetOutperformC$24.00 ➝ C$23.00
2/8/2022Tudor PickeringReiterated RatingBuyC$22.00
2/8/2022Tudor Pickering & HoltSet TargetBuyC$22.00
1/28/2022Royal Bank of CanadaBoost TargetOutperformC$20.00 ➝ C$24.00
1/27/2022CitigroupBoost TargetBuyC$17.00 ➝ C$21.00
1/19/2022Raymond JamesBoost TargetOverweightC$19.00 ➝ C$22.00
1/19/2022Tudor Pickering & HoltBoost TargetBuyC$19.00 ➝ C$22.00
1/13/2022CIBCBoost TargetC$24.00 ➝ C$25.00
1/6/2022CSFBBoost TargetC$20.00 ➝ C$22.00
1/6/2022National BanksharesBoost TargetC$22.00 ➝ C$25.00
1/6/2022National Bank FinancialBoost TargetOutperformC$22.00 ➝ C$25.00
1/6/2022Credit Suisse GroupBoost TargetOutperformC$22.00
12/26/2021Royal Bank of CanadaSet TargetOutperformC$20.00
12/20/2021Credit Suisse GroupReiterated RatingOutperformC$20.00
12/20/2021CSFBSet TargetOutperformC$20.00
12/20/2021CIBCBoost TargetOutperformC$22.00 ➝ C$24.00
12/20/2021Royal Bank of CanadaReiterated RatingOutperformC$20.00
12/17/2021Tudor Pickering & HoltSet TargetBuyC$19.00
12/17/2021Tudor PickeringReiterated RatingBuyC$19.00
12/17/2021Raymond JamesReiterated RatingOutperformC$19.00
12/9/2021Raymond JamesSet TargetOutperformC$19.00
12/9/2021Royal Bank of CanadaSet TargetOutperformC$20.00
12/9/2021JPMorgan Chase & Co.Reiterated RatingNAC$19.00 ➝ C$21.00
12/8/2021Tudor Pickering & HoltSet TargetBuyC$19.00
12/1/2021Tudor PickeringBoost TargetBuyC$19.00
12/1/2021Raymond JamesSet TargetOutperformC$19.00
12/1/2021Tudor Pickering & HoltBoost TargetBuyC$17.00 ➝ C$19.00
11/23/2021ATB CapitalBoost TargetC$19.50 ➝ C$22.00
11/19/2021ScotiabankBoost TargetC$16.50 ➝ C$19.00
11/17/2021UBS GroupBoost TargetBuyC$19.00 ➝ C$25.00
11/8/2021CSFBBoost TargetC$18.00 ➝ C$20.00
11/8/2021Credit Suisse GroupBoost TargetOutperformC$20.00
11/4/2021Raymond JamesBoost TargetOutperformC$18.00 ➝ C$19.00
11/4/2021TD SecuritiesBoost TargetBuyC$19.50 ➝ C$21.00
11/4/2021JPMorgan Chase & Co.Boost TargetOverweightC$15.50 ➝ C$19.00
11/3/2021Tudor Pickering & HoltSet TargetHoldC$17.00
11/3/2021Tudor PickeringReiterated RatingHoldC$17.00
10/27/2021ATB CapitalReiterated RatingOutperformC$19.50
10/20/2021CitigroupBoost TargetC$14.00 ➝ C$17.00
10/19/2021The Goldman Sachs GroupBoost TargetBuyC$12.50 ➝ C$14.50
10/18/2021Raymond JamesUpgradeMarket Perform ➝ OutperformC$14.00 ➝ C$18.00
10/15/2021CSFBBoost TargetOutperformC$15.00 ➝ C$18.00
10/15/2021Credit Suisse GroupBoost TargetOUTPERFORMC$18.00
10/15/2021CIBCBoost TargetNAC$20.00 ➝ C$22.00
10/14/2021ScotiabankBoost TargetC$14.00 ➝ C$16.50
10/13/2021Tudor PickeringBoost TargetBuyC$17.00
10/13/2021Tudor Pickering & HoltBoost TargetBuyC$13.00 ➝ C$17.00
10/12/2021The Goldman Sachs GroupReiterated RatingBuyC$12.50
10/7/2021Morgan StanleyInitiated CoverageBuyC$18.00
9/29/2021BMO Capital MarketsReiterated RatingOutperform
9/28/2021Raymond JamesReiterated RatingMarket PerfomC$14.00
9/28/2021National Bank FinancialBoost TargetOutperformC$20.00 ➝ C$22.00
9/27/2021BMO Capital MarketsBoost TargetNAC$16.00 ➝ C$17.00
9/17/2021Royal Bank of CanadaReiterated RatingOutperformC$16.00
9/16/2021JPMorgan Chase & Co.Reiterated RatingBuy
9/15/2021JPMorgan Chase & Co.Boost TargetNAC$15.50
9/9/2021Raymond JamesReiterated RatingMarket PerformC$14.00
8/27/2021The Goldman Sachs GroupSet TargetBuyC$11.00
8/17/2021The Goldman Sachs GroupReiterated RatingBuyC$11.00
8/13/2021Tudor Pickering & HoltSet TargetBuyC$13.00
7/30/2021Raymond JamesBoost TargetMarket PerformC$13.50 ➝ C$14.00
7/30/2021JPMorgan Chase & Co.Boost TargetNAC$14.50 ➝ C$15.00
7/30/2021Tudor PickeringReiterated RatingBuyC$13.00
7/30/2021Royal Bank of CanadaBoost TargetOutperformC$15.00 ➝ C$16.00
7/30/2021Tudor Pickering & HoltSet TargetBuyC$13.00
7/29/2021CIBCReiterated RatingOutperformC$20.00
7/20/2021Raymond JamesReiterated RatingMarket PerformC$13.50
7/19/2021CSFBUpgradeNeutral ➝ OutperformC$13.00 ➝ C$15.00
7/19/2021National BanksharesBoost TargetC$19.50 ➝ C$20.00
7/19/2021National Bank FinancialBoost TargetNAC$20.00
7/19/2021Credit Suisse GroupBoost TargetNAC$15.00
7/16/2021BarclaysBoost TargetNAC$11.00 ➝ C$12.00
7/15/2021ScotiabankBoost TargetC$13.00 ➝ C$14.00
7/15/2021CitigroupBoost TargetNAC$12.00 ➝ C$14.00
7/14/2021CIBCBoost TargetNAC$16.00 ➝ C$20.00
6/30/2021UBS GroupBoost TargetNAC$16.50 ➝ C$19.00
6/29/2021Royal Bank of CanadaBoost TargetOutperformC$15.00
6/21/2021BMO Capital MarketsBoost TargetNAC$14.00 ➝ C$16.00
6/17/2021National Bank FinancialBoost TargetOutperformC$19.50
6/17/2021National BanksharesBoost TargetC$14.50 ➝ C$19.50
6/15/2021UBS GroupUpgradeNeutral ➝ BuyC$12.00 ➝ C$16.50
6/9/2021ScotiabankBoost TargetC$12.00 ➝ C$13.00
6/8/2021JPMorgan Chase & Co.Boost TargetNeutral ➝ NAC$12.00 ➝ C$14.50
6/2/2021CSFBBoost TargetC$7.00 ➝ C$13.00
6/2/2021Credit Suisse GroupBoost TargetNAC$13.00
5/28/2021Tudor Pickering & HoltSet TargetBuyC$12.00
5/28/2021Tudor PickeringReiterated RatingBuyC$12.00
5/19/2021Tudor PickeringReiterated RatingBuyC$12.00
5/19/2021Tudor Pickering & HoltSet TargetBuyC$12.00
5/11/2021ATB CapitalLower TargetOutperformC$16.00 ➝ C$15.25
5/10/2021Raymond JamesReiterated RatingOutperformC$13.50
5/10/2021JPMorgan Chase & Co.Lower TargetC$13.00 ➝ C$12.00
5/7/2021Tudor Pickering & HoltSet TargetBuyC$12.00
5/7/2021Tudor PickeringBoost TargetBuyC$12.00
5/7/2021CIBCReiterated RatingOutperformC$16.00
4/19/2021Raymond JamesLower TargetOutperformC$15.00 ➝ C$13.50
4/15/2021ScotiabankUpgradeSector Perform ➝ OutperformC$9.25 ➝ C$12.00
4/13/2021Tudor PickeringReiterated RatingBuyC$12.00
4/13/2021Tudor Pickering & HoltSet TargetBuyC$12.00
3/17/2021Raymond JamesBoost TargetMarket Perform ➝ OutperformC$10.00 ➝ C$15.00
3/15/2021BMO Capital MarketsBoost TargetNAC$11.00 ➝ C$14.00
3/15/2021Royal Bank of CanadaReiterated RatingOUTPERFORMC$12.00
2/19/2021National Bank FinancialReiterated RatingOutperformC$13.00 ➝ C$13.50
2/17/2021Eight CapitalBoost TargetNAC$13.00
2/10/2021Royal Bank of CanadaReiterated RatingBuyC$10.00
2/10/2021Raymond JamesReiterated RatingMarket PerformC$10.00
2/2/2021JPMorgan Chase & Co.Boost TargetNAC$8.00 ➝ C$9.00
1/29/2021Raymond JamesSet TargetMarket PerformC$10.00
1/29/2021Royal Bank of CanadaReiterated RatingOutperformC$10.00
1/29/2021National Bank FinancialLower TargetOutperformC$13.50 ➝ C$13.00
1/29/2021TD SecuritiesLower TargetBuyC$10.50 ➝ C$10.00
1/28/2021Tudor PickeringReiterated RatingBuyC$9.50
1/28/2021Tudor Pickering & HoltSet TargetBuyC$9.50
1/25/2021ATB CapitalReiterated RatingOutperformC$12.75
1/25/2021CitigroupBoost TargetC$8.00 ➝ C$11.00
1/15/2021Raymond JamesBoost TargetMarket PerformC$7.50 ➝ C$10.00
1/15/2021CIBCReiterated RatingOutperformC$11.00
1/15/2021Tudor Pickering & HoltReiterated RatingBuy
1/14/2021ScotiabankBoost TargetC$7.00 ➝ C$9.25
1/8/2021UBS GroupReiterated RatingMarket Perform
1/7/2021TD SecuritiesBoost TargetBuyC$7.00 ➝ C$10.50
1/7/2021UBS GroupBoost TargetC$5.00 ➝ C$9.00
1/5/2021Tudor PickeringReiterated RatingBuyC$9.00
1/4/2021Tudor Pickering & HoltSet TargetBuyC$9.00
12/7/2020Tudor PickeringUpgradeHold ➝ BuyC$5.50 ➝ C$9.00
12/7/2020Tudor Pickering & HoltUpgradeHold ➝ BuyC$5.50 ➝ C$9.00
11/18/2020Royal Bank of CanadaBoost TargetOutperformC$7.00 ➝ C$8.50
11/10/2020Tudor PickeringReiterated RatingHoldC$5.50
11/10/2020Tudor Pickering & HoltSet TargetHoldC$5.50
11/9/2020TD SecuritiesBoost TargetHoldC$10.00 ➝ C$13.00
11/1/2020National Bank FinancialBoost TargetOutperformC$8.00 ➝ C$10.00
11/1/2020Raymond JamesSet TargetMarket PerformC$7.50
10/30/2020BMO Capital MarketsLower TargetC$7.50 ➝ C$6.00
10/26/2020Stifel FirstegyUpgradeHold ➝ Buy
10/26/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralC$8.00 ➝ C$7.00
10/26/2020National Bank FinancialBoost TargetOutperformC$8.00 ➝ C$10.00
10/26/2020Raymond JamesBoost TargetMarket PerformC$6.00 ➝ C$7.50
10/26/2020CSFBDowngradeOutperform ➝ NeutralC$8.00 ➝ C$7.00
10/26/2020Tudor Pickering & HoltSet TargetHoldC$6.00
10/22/2020UBS GroupLower TargetC$6.00 ➝ C$5.00
10/20/2020Morgan StanleyLower TargetC$8.00 ➝ C$6.00
10/14/2020Raymond JamesLower TargetMarket PerformC$8.00 ➝ C$6.00
10/7/2020Credit Suisse GroupReiterated RatingOutperformC$8.00
10/7/2020CSFBReiterated RatingOutperformC$8.00
10/6/2020Tudor PickeringReiterated RatingHoldC$6.00
10/6/2020Tudor Pickering & HoltSet TargetHoldC$6.00
10/5/2020Royal Bank of CanadaReiterated RatingOutperformC$7.00
10/1/2020JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightC$7.50 ➝ C$6.00
7/24/2020TD SecuritiesBoost TargetBuyC$7.50 ➝ C$8.00
7/24/2020Raymond JamesBoost TargetMarket PerformC$7.00 ➝ C$8.00
7/23/2020Tudor Pickering & HoltSet TargetHoldC$7.00
7/15/2020Raymond JamesBoost TargetMarket PerformC$4.00 ➝ C$7.00
7/8/2020Morgan StanleyBoost TargetC$5.00 ➝ C$7.00
6/29/2020BMO Capital MarketsBoost TargetC$6.50 ➝ C$7.50
6/24/2020CitigroupBoost TargetC$7.00 ➝ C$9.00
6/24/2020National Bank FinancialBoost TargetOutperformC$6.50 ➝ C$11.00
6/12/2020The Goldman Sachs GroupBoost TargetBuyC$5.50 ➝ C$6.50
6/11/2020ScotiabankDowngradeOutperform ➝ Sector PerformC$5.00 ➝ C$6.50
6/8/2020Tudor PickeringReiterated RatingHoldC$7.00
6/8/2020Tudor Pickering & HoltSet TargetHoldC$7.00
6/5/2020The Goldman Sachs GroupReiterated RatingBuyC$5.50
4/30/2020Royal Bank of CanadaReiterated RatingOutperformC$6.00
4/30/2020Raymond JamesBoost TargetMarket PerformC$3.50 ➝ C$4.00
4/29/2020Tudor Pickering & HoltReiterated RatingHold
4/29/2020CitigroupLower TargetC$15.00 ➝ C$7.00
4/23/2020National Bank FinancialBoost TargetOutperformC$6.00 ➝ C$6.50
4/22/2020Raymond JamesBoost TargetMarket PerformC$3.50
4/22/2020CIBCLower TargetC$8.00 ➝ C$6.00
4/14/2020Tudor Pickering & HoltReiterated RatingHold
4/9/2020The Goldman Sachs GroupReiterated RatingBuyC$4.00
4/8/2020ScotiabankLower TargetC$14.50 ➝ C$5.00
4/3/2020Raymond JamesReiterated RatingMarket PerformC$2.50
4/3/2020National Bank FinancialLower TargetOutperformC$7.50 ➝ C$6.00
4/2/2020Credit Suisse GroupLower TargetC$9.00 ➝ C$6.50
4/2/2020CSFBLower TargetC$9.00 ➝ C$6.50
4/2/2020Tudor Pickering & HoltReiterated RatingHold
3/25/2020Tudor PickeringDowngradeBuy ➝ HoldC$3.00
3/25/2020Tudor Pickering & HoltDowngradeBuy ➝ HoldC$3.00
3/24/2020Raymond JamesSet TargetMarket PerformC$4.00
3/16/2020Morgan StanleyLower TargetC$14.00 ➝ C$5.00
3/16/2020Royal Bank of CanadaLower TargetC$15.00 ➝ C$7.00
3/13/2020TD SecuritiesLower TargetBuyC$16.50 ➝ C$6.00
3/12/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/12/2020Raymond JamesLower TargetMarket PerformC$14.50 ➝ C$4.00
3/11/2020JPMorgan Chase & Co.Lower TargetC$12.00 ➝ C$5.50
3/10/2020National Bank FinancialLower TargetOutperformC$16.00 ➝ C$8.00
3/4/2020JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralC$15.00 ➝ C$12.00
2/13/2020Raymond JamesReiterated RatingMarket PerformC$14.50
2/13/2020National Bank FinancialLower TargetOutperformC$16.50 ➝ C$16.00
2/13/2020TD SecuritiesLower TargetBuyC$17.00 ➝ C$16.50
2/12/2020Tudor PickeringReiterated RatingBuyC$14.00
2/12/2020Tudor Pickering & HoltSet TargetBuyC$14.00
1/31/2020National Bank FinancialLower TargetOutperformC$18.00 ➝ C$16.50
1/14/2020ScotiabankLower TargetC$15.00 ➝ C$14.50
12/11/2019Raymond JamesSet TargetMarket PerformC$13.00
12/10/2019Tudor Pickering & HoltReiterated RatingBuyC$14.00
11/25/2019TD SecuritiesBoost TargetBuyC$14.00 ➝ C$15.00
11/1/2019Raymond JamesReiterated RatingMarket PerformC$13.00
10/31/2019AltaCorp CapitalUpgradeSector Perform ➝ Outperform
10/23/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight
10/18/2019Royal Bank of CanadaLower TargetC$17.00 ➝ C$15.00
10/15/2019CIBCLower TargetC$16.50 ➝ C$16.00
10/8/2019CitigroupBoost TargetC$13.00 ➝ C$15.00
10/6/2019AltaCorp CapitalUpgradeSector Perform ➝ Outperform
10/3/2019Raymond JamesReiterated RatingMarket PerformC$14.00
10/3/2019Tudor Pickering & HoltReiterated RatingBuy
10/2/2019National Bank FinancialBoost TargetOutperformC$16.00 ➝ C$18.00
9/19/2019Royal Bank of CanadaBoost TargetOutperformC$14.00 ➝ C$17.00
8/29/2019CSFBLower TargetC$17.00 ➝ C$16.00
7/26/2019Raymond JamesReiterated RatingMarket PerformC$14.00
7/26/2019National Bank FinancialBoost TargetOutperformC$15.50 ➝ C$16.00
7/26/2019BMO Capital MarketsBoost TargetC$15.00 ➝ C$16.00
7/26/2019GMP SecuritiesLower TargetC$15.00 ➝ C$14.50
7/18/2019CIBCUpgradeNeutral ➝ OutperformC$16.00 ➝ C$16.50
7/18/2019Royal Bank of CanadaLower TargetC$15.00 ➝ C$14.00
7/16/2019National Bank FinancialLower TargetOutperformC$16.60 ➝ C$15.50
6/28/2019GMP SecuritiesLower TargetC$15.75 ➝ C$15.00
6/25/2019National Bank FinancialLower TargetOutperformC$19.00 ➝ C$16.00
6/20/2019CitigroupLower TargetC$15.00 ➝ C$13.00
6/20/2019UBS GroupLower TargetC$13.00 ➝ C$12.50
6/14/2019BMO Capital MarketsLower TargetC$16.00 ➝ C$15.00
4/26/2019BMO Capital MarketsSet TargetOutperformC$16.00
4/25/2019GMP SecuritiesBoost TargetC$17.00 ➝ C$17.50
4/25/2019Raymond JamesBoost TargetC$13.00 ➝ C$14.00
4/25/2019JPMorgan Chase & Co.Boost TargetC$15.00 ➝ C$16.00
4/25/2019National Bank FinancialBoost TargetOutperformC$17.50 ➝ C$19.00
4/23/2019CormarkBoost TargetC$12.50 ➝ C$14.50
4/23/2019CIBCBoost TargetC$12.50 ➝ C$16.00
4/8/2019National Bank FinancialBoost TargetC$14.50 ➝ C$17.50
2/14/2019National Bank FinancialBoost TargetOutperformC$14.00 ➝ C$14.50
2/14/2019BMO Capital MarketsBoost TargetOutperformC$13.50 ➝ C$15.00
2/14/2019Raymond JamesLower TargetMarket PerformC$13.00 ➝ C$12.00
2/1/2019CIBCDowngradeOutperform ➝ NeutralC$14.50 ➝ C$12.50
1/30/2019Morgan StanleyLower TargetC$15.00 ➝ C$12.00
1/28/2019CSFBReiterated RatingOutperformC$15.00
1/10/2019BarclaysLower TargetC$17.00 ➝ C$16.00
1/7/2019AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
12/13/2018GMP SecuritiesLower TargetC$17.00 ➝ C$14.00
12/12/2018Raymond JamesReiterated RatingMarket PerformC$17.00
12/11/2018JPMorgan Chase & Co.Lower TargetC$17.00 ➝ C$15.00
12/10/2018National Bank FinancialLower TargetOutperformC$20.00 ➝ C$14.50
11/22/2018CIBCLower TargetC$17.00 ➝ C$14.50
11/20/2018Morgan StanleyLower TargetC$17.00 ➝ C$15.00
11/1/2018Raymond JamesReiterated RatingMarket PerformC$17.00
11/1/2018TD SecuritiesBoost TargetBuyC$14.00 ➝ C$15.00
10/22/2018TD SecuritiesUpgradeHold ➝ BuyC$14.00
10/14/2018Morgan StanleyLower TargetC$18.00 ➝ C$17.00
10/5/2018CIBCReiterated RatingOutperformC$17.00
10/5/2018Raymond JamesBoost TargetC$16.00 ➝ C$17.00
(Data available from 9/23/2018 forward)

News Sentiment Rating

0.88 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/25/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2023
  • 3 very positive mentions
  • 29 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2023
  • 7 very positive mentions
  • 22 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/26/2023
  • 3 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2023
  • 2 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2023
  • 4 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2023
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2023

Current Sentiment

  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Cenovus Energy logo
Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$26.64
Low: C$26.57
High: C$27.37

50 Day Range

MA: C$25.92
Low: C$22.27
High: C$28.15

52 Week Range

Now: C$26.64
Low: C$19.90
High: C$29.99

Volume

4,955,823 shs

Average Volume

5,260,252 shs

Market Capitalization

C$50.62 billion

P/E Ratio

13.45

Dividend Yield

2.00%

Beta

2.85

Frequently Asked Questions

What sell-side analysts currently cover shares of Cenovus Energy?

The following Wall Street sell-side analysts have issued reports on Cenovus Energy in the last year: ATB Capital, BMO Capital Markets, CIBC, Credit Suisse Group AG, CSFB, Desjardins, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, UBS Group AG, and Veritas Investment Research.
View the latest analyst ratings for CVE.

What is the current price target for Cenovus Energy?

16 Wall Street analysts have set twelve-month price targets for Cenovus Energy in the last year. Their average twelve-month price target is C$30.78, suggesting a possible upside of 15.5%. Credit Suisse Group AG has the highest price target set, predicting CVE will reach C$35.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of C$26.00 for Cenovus Energy in the next year.
View the latest price targets for CVE.

What is the current consensus analyst rating for Cenovus Energy?

Cenovus Energy currently has 1 hold rating, 9 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CVE will outperform the market and that investors should add to their positions of Cenovus Energy.
View the latest ratings for CVE.

What other companies compete with Cenovus Energy?

Other companies that are similar to Cenovus Energy include Imperial Oil, Suncor Energy, TC Energy, Tourmaline Oil and Cameco. Learn More about companies similar to Cenovus Energy.

How do I contact Cenovus Energy's investor relations team?

Cenovus Energy's physical mailing address is 500 Centre Street SE, Stn M PO Box 766, CALGARY, AB T2P 0M5, Canada. The company's listed phone number is +1-403-7662000. The official website for Cenovus Energy is www.cenovus.com. Learn More about contacing Cenovus Energy investor relations.