Nikko Asset Management Americas Lifted Anadarko Petroleum (APC) Stake; 3 Analysts Covering Cenovus Energy Inc. (TSE:CVE)

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 stock of Cenovus Energy Inc. (TSE:CVE) earned “Underweight” rating by Barclays Capital on Monday, October 12. The company was downgraded on Tuesday, January 24 by Macquarie Research. The rating was maintained by Desjardins Securities with “” on Tuesday, June 28. The firm has “Outperform” rating given on Friday, May 26 by Credit Suisse. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, June 21 report. The firm earned “Neutral” rating on Thursday, January 21 by Nomura. RBC Capital Markets maintained the shares of CVE in report on Tuesday, October 25 with “Outperform” rating. The company was maintained on Monday, April 24 by Scotia Capital. The stock of Cenovus Energy Inc. (TSE:CVE) earned “Hold” rating by TD Securities on Friday, October 28. The stock has “Buy” rating by TD Securities on Friday, March 24. See Cenovus Energy Inc. (TSE:CVE) latest ratings:

15/12/2017 Broker: TD Securities Rating: Hold Old Target: $13.50 New Target: $14.00 Target Up
11/12/2017 Broker: Citigroup Rating: Old Target: $10.00 New Target: $13.00 Target Up
20/10/2017 Broker: National Bank Canada Rating: Sector Perform Old Target: $12.50 New Target: $13.00 Target Up
21/08/2017 Broker: Credit Suisse Rating: Outperform Old Target: $20.00 New Target: $15.00 Target Down
30/06/2017 Broker: TD Securities Old Rating: Buy New Rating: Hold New Target: $11.50 Downgrade

Nikko Asset Management Americas Inc increased Anadarko Petroleum Corp (APC) stake by 8.51% reported in 2017Q3 SEC filing. Nikko Asset Management Americas Inc acquired 38,300 shares as Anadarko Petroleum Corp (APC)’s stock declined 20.17%. The Nikko Asset Management Americas Inc holds 488,136 shares with $23.85M value, up from 449,836 last quarter. Anadarko Petroleum Corp now has $29.43 billion valuation. The stock decreased 0.59% or $0.32 during the last trading session, reaching $53.78. About 3.87M shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 8.29% since December 28, 2016 and is uptrending. It has underperformed by 8.41% the S&P500.

Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids , and natural gas in Canada. The company has market cap of $13.93 billion. The Company’s Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. It has a 3.96 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.

The stock increased 1.52% or $0.17 during the last trading session, reaching $11.34. About 2.27 million shares traded. Cenovus Energy Inc. (TSE:CVE) has 0.00% since December 28, 2016 and is . It has underperformed by 16.70% the S&P500.

Nikko Asset Management Americas Inc decreased Eqt Corp (NYSE:EQT) stake by 15,900 shares to 189,064 valued at $12.34 million in 2017Q3. It also reduced Cnooc Ltd (NYSE:CEO) stake by 5,700 shares and now owns 46,652 shares. Monsanto Co (NYSE:MON) was reduced too.