Analysts’ Opinions Are Mixed on These Energy Stocks: Eni SPA (E), Cenovus Energy (CVE) and Devon Energy (DVN)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Eni SPA (E – Research Report), Cenovus Energy (CVE – Research Report) and Devon Energy (DVN – Research Report).
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Cenovus Energy (CVE)
In a report issued on December 5, Luke Davis from Raymond James maintained a Buy rating on Cenovus Energy, with a price target of C$33.00. The company’s shares closed last Friday at $16.71.
According to TipRanks.com, Davis is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cenovus Energy with a $23.20 average price target, which is a 39.2% upside from current levels. In a report issued on November 20, Morgan Stanley also maintained a Buy rating on the stock with a C$31.00 price target.
Devon Energy (DVN)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Devon Energy on December 5 and set a price target of $49.00. The company’s shares closed last Friday at $35.67.
According to TipRanks.com, Sorbara is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Devon Energy with a $43.55 average price target, which is a 20.4% upside from current levels. In a report issued on December 8, J.P. Morgan also upgraded the stock to Buy with a $44.00 price target.
