BMO Capital Analyst Reiterates Buy Rating on Cenovus Energy, CVE

Randy Ollenberger
analyst at BMO Capital reiterates coverage on Cenovus Energy (CVE) in the Utilities sector with a Buy rating. has Ollenberger rated as a 4.3 star analyst with a 54% return on investment and a 7.9% success rate. Ollenberger has set a price target of $25. reports that Cenovus Energy currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $18.32. The target pricing ranges from a high forecast of $25.00 down to a low forecast of $15.97. Cenovus Energy (CVE)’s last closing price was $14.25 which would put the average price target at 25.89% upside.

In addition, TradingView issued a Buy rating for CVE over the next month, has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on CVE.

Other analysts covering CVE include:
  • George Huang of Raymond James issued a Buy rating with the price target of $22 on 2 days ago
  • Unknown Analyst of Tudor Pickering issued a Buy rating with the price target of $22 on 2 days ago
  • Gregory Pardy of RBC Capital issued a Buy rating with the price target of $20 on 1 week ago
  • Manav Gupta of Credit Suisse issued a Buy rating with the price target of $22 on 1 week ago
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