Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) had its target price upped by equities researchers at BMO Capital Markets from C$12.00 to C$14.00 in a note issued to investors on Friday. BMO Capital Markets’ price target suggests a potential upside of 3.17% from the stock’s current price.

Several other brokerages also recently issued reports on CVE. National Bank Financial lifted their price objective on Cenovus Energy to C$11.50 in a research report on Friday, July 28th. Canaccord Genuity lifted their price objective on Cenovus Energy from C$14.50 to C$15.00 in a research report on Tuesday, September 26th. J P Morgan Chase & Co lifted their price objective on Cenovus Energy from C$12.50 to C$14.00 in a research report on Friday. Barclays PLC boosted their target price on Cenovus Energy from C$15.00 to C$17.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 26th. Finally, CIBC dropped their target price on Cenovus Energy from C$13.00 to C$11.00 in a research report on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. Cenovus Energy presently has a consensus rating of “Hold” and a consensus target price of C$15.85.

Cenovus Energy (CVE) opened at C$13.57 on Friday.

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Cenovus Energy Company Profile

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