The latest price target for Cenovus Energy (NYSE:CVE) was reported by BMO Capital on November 1, 2024. The analyst firm set a price target for $28.00 expecting CVE to rise to within 12 months (a possible 72.31% upside). 5 analyst firms have reported ratings in the last year.

The latest analyst rating for Cenovus Energy (NYSE:CVE) was provided by BMO Capital, and Cenovus Energy maintained their outperform rating.

The last upgrade for Cenovus Energy Inc happened on June 6, 2023 when Goldman Sachs raised their price target to $22. Goldman Sachs previously had a neutral for Cenovus Energy Inc.

The last downgrade for Cenovus Energy Inc happened on November 21, 2022 when Goldman Sachs changed their price target from N/A to $23 for Cenovus Energy Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cenovus Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cenovus Energy was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

While ratings are subjective and will change, the latest Cenovus Energy (CVE) rating was a maintained with a price target of $31.00 to $28.00. The current price Cenovus Energy (CVE) is trading at is $16.25, which is out of the analyst’s predicted range.