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CVE
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Cenovus Energy Inc.
$29.72-- (--)
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Cenovus Energy Inc. (CVE) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Cenovus Energy Inc. stock.

Analyst Consensus Rating

Investment consensus from 10 professional research analysts

Consensus Rating

Buy
Based on 10 unique analysts
(15 total ratings in last 90 days)
High Confidence∞:1 Buy/Sell

Average Price Target

$32.99
↑ 11.00% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest CVE Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Nilanjan Banerjee
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Chris MacCulloch
Desjardins
BuyInitiates
$33.07
Lloyd Byrne
Jefferies
BuyMaintains
$34.47
Neil Mehta
Goldman Sachs
BuyMaintains
$36.00
Lloyd Byrne
Jefferies
BuyMaintains
$30.14 → $35.17
Kevin Fisk
Scotiabank
BuyMaintains
$31.58 → $33.73
Gregory Pardy
RBC Capital
BuyMaintains
$32.30 → $33.73
Patrick O'rourke
ATB Cormark Capital
BuyReiterates
$30.50
Menno Hulshof
TD Cowen
BuyMaintains
$32.30
Michael Barth, CFA
Raymond James
BuyMaintains
$29.42 → $30.14
Patrick O'rourke
ATB Cormark Capital
BuyReiterates
$42.50
Menno Hulshof
TD Cowen
BuyMaintains
$45.00
Michael Barth, CFA
Raymond James
BuyMaintains
$41.00 → $42.00

Frequently Asked Questions

What is the analyst consensus rating for CVE?

The analyst consensus rating for CVE is "Buy" based on 10 analyst recommendations.

What is the average price target for CVE?

The average 12-month price target for CVE is $32.99, representing an upside of 11.0% from the current price of $29.72.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.