Invesco Russell 1000 Low Beta Eq Wt ETF (USLB) Forms $31.65 Double Top; Cenovus Energy Inc. (TSE:CVE) Had 3 Bullish Analysts

Cenovus Energy Inc. (TSE:CVE) Logo

Among 11 analysts covering Cenovus Energy Inc (TSE:CVE), 3 have Buy rating, 2 Sell and 6 Hold. Therefore 27% are positive. Cenovus Energy Inc had 60 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Societe Generale on Friday, August 21 with “Hold”. TD Securities downgraded the shares of CVE in report on Friday, June 30 to “Hold” rating. The stock of Cenovus Energy Inc. (TSE:CVE) earned “Outperform” rating by Credit Suisse on Friday, May 26. The rating was downgraded by TD Securities on Thursday, August 11 to “Hold”. Macquarie Research downgraded Cenovus Energy Inc. (TSE:CVE) on Tuesday, January 24 to “Underperform” rating. The stock of Cenovus Energy Inc. (TSE:CVE) earned “Outperform” rating by National Bank Canada on Friday, February 12. RBC Capital Markets maintained Cenovus Energy Inc. (TSE:CVE) rating on Friday, December 11. RBC Capital Markets has “Outperform” rating and $24 target. The rating was downgraded by Barclays Capital to “Underweight” on Monday, October 12. The firm has “Neutral” rating given on Thursday, January 21 by Nomura. On Friday, December 9 the stock rating was maintained by TD Securities with “Hold”. See Cenovus Energy Inc. (TSE:CVE) latest ratings:

Invesco Russell 1000 Low Beta Eq Wt ETF (USLB) formed double top with $34.18 target or 8.00% above today’s $31.65 share price. Invesco Russell 1000 Low Beta Eq Wt ETF (USLB) has $154.72 million valuation. The ETF decreased 1.16% or $0.37 during the last trading session, reaching $31.65. About 600 shares traded. Invesco Russell 1000 Low Beta Eq Wt ETF (NASDAQ:USLB) has risen 9.14% since June 26, 2017 and is uptrending. It has underperformed by 3.43% the S&P500.

The stock increased 1.39% or $0.18 during the last trading session, reaching $13.15. About 908,703 shares traded. Cenovus Energy Inc. (TSE:CVE) has 0.00% since June 26, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical CVE News: 05/04/2018 – Cenovus ropes in oil industry veteran from Husky Energy as CFO; 25/04/2018 – CENOVUS OPTIMISTIC MOST OF THREE MAJOR PIPELINE PROJECTS HAPPEN; 22/03/2018 – Cenovus provides first-quarter operational update; 17/05/2018 – CENOVUS ENERGY INC CVE.TO : BMO RAISES TO OUTPERFORM FROM MARKET PERFORM; 25/04/2018 – CENOVUS SEES RAIL DEAL HAPPENING IN FOURTH QUARTER; 25/04/2018 – CENOVUS ENERGY INC CVE.TO SAYS SHAREHOLDERS SHOULD EXPECT TO SEE A MUCH MORE CONSERVATIVE HEDGING PROGRAM- CONF CALL; 16/03/2018 – Cenovus seeks partner for C$1.3 bln Narrows Lake project; 25/04/2018 – CENOVUS SAYS RAIL COMPANIES HAVE HIRED NEW CREWS; 25/04/2018 – Cenovus Energy 1Q Operating Loss $752M; 05/04/2018 – CENOVUS SAYS MCKENZIE PREVIOUSLY WAS CFO OF HUSKY ENERGY

Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids , and natural gas in Canada. The company has market cap of $16.16 billion. The Company’s Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. It has a 6.32 P/E ratio. This segmentÂ’s bitumen assets include Foster Creek, Christina Lake, and Narrows Lake, as well as projects in the early stages of development, such as Telephone Lake.