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Cenovus Energy Inc. logo Cenovus Energy (NYSE:CVE) (TSE:CVE) had its target price lifted by National Bank Financial in a report released on Wednesday, The Fly reports. They currently have an outperform rating on the oil and gas company’s stock. A number of other brokerages have also recently commented on CVE. Stifel Nicolaus upgraded Cenovus Energy from a hold rating to a buy rating in a research report on Tuesday, October 27th. Tudor Pickering restated a hold rating and set a $5.50 price target on shares of Cenovus Energy in a report on Wednesday, November 11th. Credit Suisse Group lowered Cenovus Energy from an outperform rating to a neutral rating and cut their price objective for the stock from $8.00 to $7.00 in a research note on Monday, October 26th. Royal Bank of Canada lifted their price objective on Cenovus Energy from $7.00 to $8.50 and gave the stock an outperform rating in a research note on Wednesday, November 18th. Finally, JPMorgan Chase & Co. lowered Cenovus Energy from a neutral rating to an underweight rating in a research note on Thursday, October 1st. They noted that the move was a valuation call. Two equities research analysts have rated the […]
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