Cenovus Energy Price Target Raised to $30 at RBC

MT Newswires Live

11/10

RBC Capital Markets raised its price target on Cenvous Energy Inc. (CVE.TO, CVE) to $30 from $26.

Analyst Greg Pardy maintained an Outperform rating on shares of the Canadian oil and gas company.

"Our constructive stance towards Cenovus continues to reflect its capable leadership team, shareholder alignment, free cash flow generation and enhanced portfolio via the MEG Energy acquisition/WRB disposition," Pardy said in a note to clients.

"Cenovus will be hosting a business update and facility tour at its Toledo Refinery on November 13," the analyst said. "This event should serve to illuminate the company's initiatives aimed at enhancing the performance and reliability of its US refining segment."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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(CVE.TO, CVE) to $30 from $26.</p><p>Analyst Greg Pardy maintained an Outperform rating on shares of the Canadian oil and gas company.</p><p>\"Our constructive stance towards Cenovus continues to reflect its capable leadership team, shareholder alignment, free cash flow generation and enhanced portfolio via the MEG Energy acquisition/WRB disposition,\" Pardy said in a note to clients.</p><p>\"Cenovus will be hosting a business update and facility tour at its Toledo Refinery on November 13,\" the analyst said. \"This event should serve to illuminate the company's initiatives aimed at enhancing the performance and reliability of its US refining segment.\"</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CVE","symbol_name":"Cenovus能源","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2582736418","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582736418","pubTimestamp":1762776154,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"RBC Capital Markets raised its price target on Cenvous Energy Inc. 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(CVE.TO, CVE) to $30 from $26.Analyst Greg Pardy maintained an Outperform rating on shares of the Canadian oil and gas company.\"Our constructive stance towards Cenovus continues to reflect its capable leadership team, shareholder alignment, free cash flow generation and enhanced portfolio via the MEG Energy acquisition/WRB disposition,\" Pardy said in a note to clients.\"Cenovus will be hosting a business update and facility tour at its Toledo Refinery on November 13,\" the analyst said. \"This event should serve to illuminate the company's initiatives aimed at enhancing the performance and reliability of its US refining segment.\"(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. 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