Cenovus Energy Inc (CVE) Stock Rating Reaffirmed by CSFB

The company's market cap is $7.08 billion. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -6.15% where SMA50 and SMA200 are -13.74% and -35.3% respectively. (CVE) has a trading volume of 8.35 Million shares, with an average trading volume of 6290 shares - with shares dropping to a 52 week low of $7.81, and the company's shares hitting a 52 week high of $ 16.82.

In other news, insider Judy Fairburn acquired 3,600 shares of Cenovus Energy stock in a transaction dated Friday, April 28th. Is Trading at All-Time Lows: Huge Upside Ahead" published on May 11, 2017 as well as Fool.ca's news article titled: "Cenovus Energy Inc. Mawer Investment Management Ltd. now owns 10,149,361 shares of the oil and gas company's stock valued at $200,353,000 after buying an additional 3,143,931 shares in the last quarter. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". CSFB reaffirmed an "outperform" rating and issued a C$20.00 price target on shares of Cenovus Energy in a report on Friday, May 26th.

The Relative Volume of the company is 1.76 and Average Volume (3 months) is 4.74 million. Cenovus Energy earned a news impact score of 0.16 on Alpha One's scale. During the same quarter in the previous year, the company posted ($0.51) EPS. Radnor Capital Management LLC purchased a new stake in shares of Cenovus Energy during the fourth quarter worth approximately $219,000. During the same period a year ago, the firm earned ($0.51) earnings per share.

Chinese tour agency axes visits to North Korea for U.S. citizens
Secretary of State Rex Tillerson confirmed Warmbier's release on June 12 but he had to be medically evacuated. Three other Americans are still imprisoned in North Korea, accused of crimes against the Pyongyang regime.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th.

Several other analysts also recently weighed in on CVE. The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 33.3%. Stockholders of record on Thursday, June 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, June 13th. Royal Bank Of Canada cut their price objective on Cenovus Energy from C$25.00 to C$23.00 and set an "outperform" rating for the company in a research report on Thursday, April 6th. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and global trademark and copyright legislation. Goldman Sachs Group, Inc. The original version of this news story can be accessed at https://baseballnewssource.com/markets/cenovus-energy-cve-given-daily-media-sentiment-rating-of-0-16-updated-updated-updated/812073.html. Cenovus Energy presently has a consensus rating of "Hold" and an average price target of $19.35. Desjardins dropped their price objective on shares of Cenovus Energy from C$24.00 to C$20.00 in a research note on Friday, April 7th. Scotiabank reaffirmed an "outperform" rating and set a C$20.00 price target on shares of Cenovus Energy in a report on Monday, April 24th. The Firm is engaged in the business of developing, producing and marketing crude oil, natural gas liquids and natural gas.

UBS downgraded Cenovus Energy Inc (USA) (NYSE:CVE) on Tuesday, January 26 to "Neutral" rating. Its segments include Oil Sands, Conventional, Refining and Marketing, and Corporate and Eliminations. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and natural gas and oil production in Alberta, British Columbia and Saskatchewan.

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