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CVE:CA Cenovus Energy Inc

Current Price CAD 22.82 0.64 (+2.89%)

At close: 04:00PM EDT

Cenovus Energy Inc Stock Analysis and Price Target COMMON STOCK | Oil & Gas Integrated | TSX

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Take a Tour

Buy

Average Analyst
Rating

Slightly Bearish

Stock Target Advisor
Analysis

Hold

Average User
Rating

Last Closing Price

CAD 22.82

Change

+0.64 (+2.89)%

Market Cap

CAD 42.29B

Volume

3.62M

Avg User Target

CAD 20.80 (-8.85%)

CVE:CA

Cenovus Energy Inc (CAD)

COMMON STOCK | TSX

CAD 22.82

0.64 (+2.89%)

At close: 04:00PM EDT

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Target Discuss Watchlist

Cenovus Energy Inc Stock Forecast

Show ratings and price targets of :

All Analysts

Top Analysts

Average Analyst Target

CAD 30.64

(+34.27%)

Based on the Cenovus Energy Inc stock forecast from 21 analysts, the average analyst target price for Cenovus Energy Inc is CAD 30.64 over the next 12 months. Cenovus Energy Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Cenovus Energy Inc is Slightly Bearish, which is based on 7 positive signals and 9 negative signals. At the last closing, Cenovus Energy Inc’s stock price was CAD 22.82. Cenovus Energy Inc’s stock price has changed by +0.57% over the past week, +8.31% over the past month and -23.98% over the last year.

Analyst Ratings

Target Price Action	Rating Action	Analyst	Rating	Price	Date

Stock Target Advisor's Analysis

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What not to like

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Symbol: CVE:CA:TSX

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