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Cenovus Energy (CVE) Receives a Buy from Scotiabank

Tipranks - Tipranks - Sat Feb 21, 4:04PM CST

Scotiabank analyst maintained a Buy rating on Cenovus Energy today and set a price target of C$34.00.

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In addition to Scotiabank, Cenovus Energy also received a Buy from BMO Capital’s Randy Ollenberger in a report issued today. However, on February 4, TipRanks – xAI downgraded Cenovus Energy (NYSE: CVE) to a Hold.

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The company has a one-year high of C$31.81 and a one-year low of C$14.48. Currently, Cenovus Energy has an average volume of 10.47M.

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CVE in relation to earlier this year.

Read More on CVE:

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