Cenovus Energy (CVE) PT Set at C$15.00 by Eight Capital

Analysts have given a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The hedge fund held 44,110 shares of the commercial banks company at the end of 2017Q3, valued at $457,000, down from 113,151 at the end of the previous reported quarter. Cenovus Energy's dividend payout ratio is presently 6.99%.

Shares of Cenovus Energy (NYSE CVE) traded down $0.03 during midday trading on Monday, reaching $10.91. About 5.75M shares traded or 31.65% up from the average.

Press coverage about Cenovus Energy (NYSE:CVE) (TSE:CVE) has been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Prudential accumulated 1.40 million shares. Pepsico Inc now has $166.93 billion valuation.

The stock increased 1.04% or $1.14 during the last trading session, reaching $110.24. About 14.57M shares traded or 43.70% up from the average. (NASDAQ:EBAY) has risen 44.45% since January 13, 2017 and is uptrending. It has underperformed by 4.50% the S&P500. Therefore 86% are positive. Cenovus Energy's ongoing objective is to advance technologies that reduce the amount of water, steam, natural gas and electricity used in their operations and to decrease surface land disturbance. As per Wednesday, June 21, the company rating was downgraded by Macquarie Research. On Thursday, January 21 the stock rating was upgraded by Nomura to "Neutral". The firm has "Neutral" rating by UBS given on Tuesday, January 26. The firm earned "Neutral" rating on Thursday, June 22 by Goldman Sachs. The firm has "Neutral" rating by JP Morgan given on Tuesday, December 15. Mizuho maintained the stock with "Buy" rating in Friday, July 24 report. Letko Brosseau & Associates Inc. grew its stake in shares of Cenovus Energy by 37.1% during the second quarter. (NYSE:CRM) earned "Buy" rating by Citigroup on Wednesday, August 23. The company was upgraded on Tuesday, January 26 by Goldman Sachs. The stock has "Outperform" rating by Credit Suisse on Friday, May 26. RBC Capital Markets maintained Cenovus Energy Inc. (NYSE:CVE) to report earnings on February, 15. During last 3 month period, 0.51% of total institutional ownership has changed in the company shares.

Cenovus Energy Inc. (CVE) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $0.19/share against the analyst consensus estimate of $0.12/share.

Franklin Resources Inc increased Sba Communications Corp New stake by 40,862 shares to 1.94M valued at $278.79M in 2017Q3. It also upped Schwab Us Mid (SCHM) stake by 20,332 shares and now owns 1.47M shares. Stantec Inc (NYSE:STN) was raised too. Its up 0.19, from 0.75 in 2017Q2. It is negative, as 48 investors sold KO shares while 641 reduced holdings. 30 funds opened positions while 66 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Quantitative Systematic Strategies Limited Company stated it has 0.29% of its portfolio in Pepsico, Inc. (NASDAQ:AMZN) for 490 shares. 612,052 are held by Shell Asset Mgmt. Amer Asset Management Inc has 5,957 shares for 0.16% of their portfolio. (NASDAQ:AMZN) for 4,795 shares. (NASDAQ:AMZN). Moreover, Lord Abbett & Ltd has 0.31% invested in Amazon.com, Inc. Azimuth Mngmt Ltd Co owns 12,531 shares. Private Mgmt Incorporated has invested 1.41% of its portfolio in PBF Energy Inc. Professional Advisory Services owns 4% invested in Pepsico, Inc. (NASDAQ:AMZN). Viking Glob Limited Partnership holds 2.49% or 399,747 shares. The Sva Plumb Wealth Management Llc holds 61,486 shares with $2.77M value, down from 98,171 last quarter. (NYSE:PBF). The Australia-based Commonwealth Financial Bank Of has invested 0.04% in PBF Energy Inc. (NASDAQ:PEP). Strategic Global Advisors Limited Liability Co has 0.12% invested in Pepsico, Inc. FMR LLC grew its stake in shares of Cenovus Energy by 23.7% during the second quarter.

Analysts await Cenovus Energy Inc. Cenovus Energy Inc. has P/S value of 1.1 while its P/B value stands at 0.86. PEP's profit will be $1.85 billion for 22.57 P/E if the $1.30 EPS becomes a reality. Millennium Limited Liability reported 1.66 million shares.

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