SAP technology sets Cenovus apart from peers.
After updating our model to incorporate Cenovus’ third-quarter results, we are maintaining our CAD 21 fair value estimate. However, due to foreign currency movements, we are slightly lowering our USD fair value estimate to $16 from our previous estimate of $17. Despite the market’s positive reaction to no-moat Cenovus Energy’s third-quarter earnings results, we still see significant upside in the stock, which trades at a deep discount to our fair value estimate. Shares currently trade near $10.5...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.