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5-day change | 1st Jan Change | ||
20.64 USD | -1.53% | +3.36% | +23.96% |
05-02 | Cenovus Energy's Price Target Lifted to C$33 from C$32 by RBC Capital Markets | MT |
05-02 | RBC Raises Price Target on Cenovus Energy to CA$33 From CA$32, Keeps Outperform Rating | MT |
Summary
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- With a P/E ratio at 9.9 for the current year and 8.84 for next year, earnings multiples are highly attractive compared with competitors.
- Given the positive cash flows generated by its business, the company's valuation level is an asset.
- For several months, analysts have been revising their EPS estimates roughly upwards.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
- The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
Weaknesses
- According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
- The company's earnings releases usually do not meet expectations.
Ratings chart - Surperformance
Sector: Integrated Oil & Gas
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+23.96% | 38.98B | - | ||
-11.97% | 1,888B | B | ||
+13.65% | 453B | B+ | ||
+56.98% | 254B | B | ||
+8.94% | 227B | C+ | ||
+1.37% | 96.97B | C+ | ||
-6.72% | 84.15B | A- | ||
-.--% | 52.92B | - | C | |
+28.32% | 52.37B | C+ | ||
-6.27% | 50.58B | A- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
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- Ratings Cenovus Energy Inc.