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Cenovus Energy Inc (TSE:CVE)
TSX:CVE

Cenovus Energy Stock Forecast & Price Target

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See the Price Targets and Ratings of:

Analyst Rating Consensus

Strong Buy
10Ratings
9 Buy
1 Hold
0 Sell
Based on 10 analysts giving stock ratings to
Cenovus
Energy
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CVE Stock Price Prediction

Average Price Target

C$33.10
▲(55.99% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Cenovus Energy in the last 3 months. The average price target is C$33.10 with a high forecast of C$37.00 and a low forecast of C$29.05. The average price target represents a 55.99% change from the last price of C$21.22.
Highest Price TargetC$37.00Average Price TargetC$33.10Lowest Price TargetC$29.05
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Morgan Stanley
C$27.00
Buy
27.24%
Upside
Reiterated
Cenovus Energy Inc. (CVE:CN) (CVE) PT Raised to Cdn$27 at Morgan StanleyMorgan Stanley analyst Devin McDermott raised the price target on Cenovus Energy Inc. (CVE:CN) (NYSE: CVE) to Cdn$27.00 (from Cdn$22.00) while maintaining a Overweight rating.
UBS
C$25.00
Buy
17.81%
Upside
Reiterated
UBS Stick to Their Buy Rating for Cenovus Energy IncUBS analyst Lloyd Byrne maintained a Buy rating on Cenovus Energy Inc on Wednesday, setting a price target of C$25, which is approximately 60.91% above the present share price of $12.37.
ATB Capital Markets Analyst forecast on TSE:CVE
Unknown Analyst
Not Ranked
ATB Capital Markets
C$33.00
Buy
55.51%
Upside
Reiterated
ATB Capital Markets Reaffirms Their Buy Rating on Cenovus Energy (CVE)
Citigroup Analyst forecast on TSE:CVE
Unknown Analyst
Not Ranked
Citigroup
C$21.00
Buy
-1.04%
Downside
Reiterated
Goldman Sachs Analyst forecast on TSE:CVE
Unknown Analyst
Not Ranked
Goldman Sachs
C$33.20
Buy
56.45%
Upside
Reiterated
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CVE Stock Forecast FAQ

What is TSE:CVE’s average 12-month price target, according to analysts?
Based on analyst ratings, Cenovus Energy’s 12-month average price target is C$33.10.
    What is TSE:CVE’s upside potential, based on the analysts’ average price target?
    Cenovus Energy has 55.99% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:CVE a Buy, Sell or Hold?
          Cenovus Energy has a conensus rating of Strong Buy which is based on 9 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Cenovus Energy’s price target?
            The average price target for Cenovus Energy is C$33.10. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$37.00 ,the lowest forecast is C$29.05. The average price target represents 55.99% Increase from the current price of C$21.22.
              What do analysts say about Cenovus Energy?
              Cenovus Energy’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.

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