Cenovus Energy Inc (TSE:CVE) (NYSE:CVE) had its price target reduced by stock analysts at BMO Capital Markets from C$20.00 to C$17.00 in a research note issued on Friday, StockTargetPrices.com reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 19.21% from the company’s […] - From The Cerbat Gem
Royal Bank of Canada upped their target price on shares of Cenovus Energy from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Friday, December 9th.
In related news, Director Richard Joseph Marcogliese bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, April 3rd.
The stock was bought at an average cost of C$11.20 per share, with a total value of C$56,000.00.
Also, Director Brian Charles Ferguson bought 3,600 shares of the business’s stock in a transaction that occurred on Monday, April 10th.
The shares were bought at an average cost of C$14.80 per share, with a total value of C$53,280.00.