This is What Analysts Are Saying About Cenovus Energy Inc. (CVE)

Cenovus Energy Inc. (NYSE:CVE) is one of the best affordable stocks under $30. On January 10, National Bank reaffirmed a Buy rating on Cenovus Energy Inc. (NYSE:CVE) and set a price target of C$29.00. In another development, Goldman Sachs reinstated coverage of the stock with a Buy rating and $20 price target, stating that it sees the company posting “strong” free cash flow growth over the long term. The firm also believes that factors such as the sale of the company’s 50% interest in the Wood River and Bo ...