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.

Gwen Stefani Shares Sweet Pics of Her 'Summer Love' Blake Shelton
From his golden tail to his very lifelike head, Benny (we've just named him Benny) the armadillo looks good enough to eat. The real present was revealed in another post, which shows the No Doubt frontwoman planting a sweet smooch on her beau.

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.

Related news:

Hot News

Foo Fighters bring "Concrete and gold" to Colonial Life Arena
Jun 20, 2017 - 18:32
Foo Fighters last played Madison at the Kohl Center in 2006, playing an acoustic set opening for Bob Dylan. Rupp is the only now scheduled Kentucky date on the Concrete and Gold U.S.

isis-killer-beheading-video-story-top Nadal cruises into quarter-finals at Roland Garros
Jun 20, 2017 - 18:30
Novak Djokovic vs Dominic Thiem - the defending champion vs the youngster, who has had a wonderful clay-court season. But given his last two matches and Thiem's excellent form, their quarterfinal contest should be tightly contested.

isis-killer-beheading-video-story-top Firefighters join minute's silence as Grenfell death toll reaches 79
Jun 20, 2017 - 18:30
William, Princess Kate and Prince Harry have all made donations to help families who were made homeless by the tragedy. Last week, singer Lily Allen was criticised after she said she believed the real death toll was being covered up.

Tributes to Victims of London Mosque Attack
Jun 20, 2017 - 18:30
Flowers have been laid near the scene, one card reading: "This is an attack on all Londoners - and on my community". Police said all the victims of the attack, which was in the area of Finsbury Park Mosque , were Muslim.

isis-killer-beheading-video-story-top Adele visits Grenfell Tower firefighters and offers 'tea and a cuddle'
Jun 20, 2017 - 18:25
Locals who spoke to the Press Association said they had been told they can go back to neighbouring blocks "at their own risk". She's said to have " hugged and comforted" victims after a fire ripped through the 27-storey tower block in North Kensington.

isis-killer-beheading-video-story-top Will Grier ruled eligible to start against Virginia Tech
Jun 20, 2017 - 18:25
The claim basically stating that the remaining six games of his PED suspension was also being served during his ineligibility due to his transfer.

Chinese tour agency axes visits to North Korea for U.S. citizens
Jun 20, 2017 - 18:24
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 Valmont Industries (VMI) Getting Somewhat Negative News Coverage, Study Finds
Jun 20, 2017 - 18:24
This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.99%. (NASDAQ:AAPL) was sold by Cue Eduardo H. It increased, as 12 investors sold VMI shares while 88 reduced holdings. 30 funds opened positions while 67 raised stakes.

isis-killer-beheading-video-story-top Finsbury Park suspect Darren Osborne's family 'in shock'
Jun 20, 2017 - 18:22
Police said it was clearly targeted at Muslims and Prime Minister Theresa May described it as a "sickening" terrorist attack . The mosque was once a notorious hub for radical Islamists that has since worked to become a centre for inter-faith outreach.

isis-killer-beheading-video-story-top Pence reportedly hires his own outside lawyer for Russian Federation questions
Jun 20, 2017 - 18:20
Cullen is known for representing high-profile clients, and was also involved into the Iran-Contra and Watergate investigations. The investigation itself on behalf of the US Justice Department is being carried out by former FBI Director Robert Mueller .

Boeing Hikes 20 Year Plane Delivery Forecast to $6 Billion
Jun 20, 2017 - 18:18
For the first time, it lumped these together with large two-engined jets such as the Boeing 777 and largest A350. Boeing sees a 20-year market for between 4,000 and 5,000 airplanes in the category the NMA would occupy.

isis-killer-beheading-video-story-top London Mayor praises community response to Finsbury Park attack
Jun 20, 2017 - 18:15
Her son, Nadeem, 12, said , "I was on my bike and he just came up to me and said, 'Inbred .' Just out there [on the road]". The man who died had already been receiving first aid from a member of the public, police said. "I just can't believe it".

isis-killer-beheading-video-story-top Hillsdale Investment Management Inc. Continues to Hold Position in Corning Incorporated (GLW)
Jun 20, 2017 - 18:13
The electronics maker reported $0.39 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.04. Also Seekingalpha.com published the news titled: "Corning: Continuous Innovation, Consistent Dividend" on June 09, 2017.

Fresh-faced Germans made to sweat in 3-2 win over Australia
Jun 20, 2017 - 18:13
Up stepped captain Julian Draxler to fire Die Mannschaft back into the lead. "And then we evolved at the Asian Cup and we won it". Aussies were thrilled with the result , as few teams are able to score on the German powerhouse, let alone 2 goals and a draw.

Fidelity National Information Services, Inc
Jun 20, 2017 - 18:11
The stock of Fidelity National Information Servcs Inc (NYSE:FIS) earned "Neutral" rating by Credit Suisse on Friday , December 11. Goldman Sachs reinitiated Fidelity National Information Servcs Inc (NYSE:FIS) on Tuesday, December 1 with "Neutral" rating.