Economy

Two Sigma Investments LP Buys Shares of 45072 Cenovus Energy (CVE)

Two Sigma Investments LP Buys Shares of 45072 Cenovus Energy (CVE)

(NYSE:CVE) are -2.76%; 16.71% for the month; -9.87% for the last quarter; -4.14% for the past six-months; and -9.18% for the last 12 months. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock.

Shifting gears to the Relative Strength Index, the 14-day RSI is now sitting at 54.04, the 7-day is 45.27, and the 3-day is now at 23.62 for Cenovus Energy Inc. Cenovus Energy Inc Common Stock had 4 analyst reports since March 7, 2018 according to SRatingsIntel. CVE has also 1.64M shares volume. Timessquare Mngmt Ltd Liability Corp accumulated 599,900 shares. (NYSE:NI), 7 have Buy rating, 0 Sell and 8 Hold. Desjardins reiterated a "hold" rating on shares of Cenovus Energy in a research note on Friday, January 12th.

Cenovus Energy slumped to a loss in the first quarter as risk management losses, reduced output on lower heavy oil prices and asset writedowns hit the bottom line of the Canadian oil sands producer. Investors of record on Thursday, March 15th were issued a dividend of $0.0398 per share. The regular trading on 23-Apr-18 started at $9.43 but as the session moved on, the stock escalated, closing with a fall of -0.31%. The firm has "Overweight" rating given on Thursday, May 25 by PiperJaffray. Last year's EPS was $-0.04, while now analysts expect change of 200.00 % down from current $-0.12 EPS. NiSource Inc. (NYSE:NI) has declined 0.08% since April 24, 2017 and is downtrending. Finally, Macquarie raised shares of Cenovus Energy from an "underperform" rating to a "neutral" rating in a research report on Thursday, March 30th. Stifel Financial Corp lifted its holdings in shares of Cenovus Energy by 29.1% during the 3rd quarter.

Cenovus Energy (NYSE:CVE) last posted its quarterly earnings results on Wednesday, April 26th.

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3/7/2018-UBS initiated coverage with a Neutral rating. Scotia Cap stated it has 0.09% in McCormick & Company, Incorporated (NYSE:MKC). Profund Advsrs Limited Liability stated it has 0.02% in Pool Corporation (NASDAQ:POOL). Barclays Capital downgraded Cenovus Energy Inc. Its down 0.54, from 1.36 in 2017Q3. Morgan Stanley downgraded the shares of CVE in report on Wednesday, July 19 to "Hold" rating. Parkside Retail Bank And Trust owns 43 shares or 0% of their USA portfolio. Los Angeles Management Equity Research holds 0.25% or 349,281 shares in its portfolio. After $-0.35 actual EPS reported by Cenovus Energy Inc. for the previous quarter, Wall Street now forecasts -65.71% EPS growth. Therefore 38% are positive. (NYSE:NI) on Tuesday, June 27 to "Sell" rating. The firm has "Underweight" rating given on Tuesday, January 19 by JP Morgan. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. (NYSE:CVE) advice their clients to include it in their buy candidate list. The firm has "Neutral" rating by Credit Suisse given on Tuesday, October 13.

2/16/2018-AltaCorp Capital Upgrade from a "Sector Perform " rating to a " Outperform" rating.

COPYRIGHT VIOLATION NOTICE: "CSFB Boosts Cenovus Energy (TSE:CVE) Price Target to C$17.00" was first posted by registrarjournal.com and is owned by of registrarjournal.com.

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