Gerdes Energy Research Stock Recommendations and Price Targets

This is a list of recent ratings by Gerdes Energy Research.

Date	Company Name	Action	Current Price	Price Target	Rating
3/20/2026	CVE Cenovus Energy	Downgrade	C$37.00		Buy ➝ Neutral
2/12/2026	CNQ Canadian Natural Resources	Downgrade	C$69.00		Buy ➝ Neutral
11/10/2025	SU Suncor Energy	Boost Price Target	C$92.00	C$75.00 ➝ C$78.00
9/11/2025	SU Suncor Energy	Lower Price Target	C$92.00	C$79.00 ➝ C$77.00
12/16/2024	CNQ Canadian Natural Resources	Upgrade	C$69.00		Neutral ➝ Buy
11/25/2024	SU Suncor Energy	Set Price Target	C$92.00	C$69.00	Buy
11/1/2024	CNQ Canadian Natural Resources	Boost Price Target	C$69.00	C$53.00 ➝ C$55.00
10/8/2024	CNQ Canadian Natural Resources	Boost Price Target	C$69.00	C$52.00 ➝ C$53.00
10/4/2024	CNQ Canadian Natural Resources	Downgrade	C$69.00		Buy ➝ Neutral