Akoustis Technologies, Inc. (AKTS) Reaches $7.14 After 5.00% Up Move; 7 Analysts Are Bullish Cenovus Energy Inc. (CVE) Last Week

December 6, 2017 - By Stephen Andrade

Among 16 analysts covering Cenovus Energy Inc (NYSE:CVE), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Cenovus Energy Inc had 25 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Cenovus Energy Inc. (NYSE:CVE) has “Buy” rating given on Wednesday, June 21 by Canaccord Genuity. As per Wednesday, June 21, the company rating was downgraded by Macquarie Research. JP Morgan maintained Cenovus Energy Inc. (NYSE:CVE) on Tuesday, December 15 with “Neutral” rating. The company was maintained on Thursday, April 28 by RBC Capital Markets. On Friday, August 19 the stock rating was initiated by Bank of America with “Neutral”. The rating was downgraded by Goldman Sachs to “Sell” on Monday, January 23. The stock has “Neutral” rating by Goldman Sachs on Thursday, June 22. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, December 1. The stock has “Underperform” rating by Macquarie Research on Tuesday, January 24. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, March 11. See Cenovus Energy Inc. (NYSE:CVE) latest ratings:

13/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $11 New Target: $15 Maintain
19/07/2017 Broker: Morgan Stanley Rating: Hold New Target: $11.0000 Downgrade
21/06/2017 Broker: Macquarie Research Rating: Sell Downgrade
21/06/2017 Broker: Canaccord Genuity Rating: Buy Upgrade
27/06/2017 Broker: National Bank Canada Rating: Sector Perform Initiates Coverage On
22/06/2017 Broker: Goldman Sachs Rating: Neutral Maintain

The stock of Akoustis Technologies, Inc. (NASDAQ:AKTS) is a huge mover today! The stock increased 6.25% or $0.42 during the last trading session, reaching $7.14. About 63,985 shares traded or 9.57% up from the average. Akoustis Technologies, Inc. (NASDAQ:AKTS) has 0.00% since December 6, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 9 months positive chart setup for the $138.29 million company. It was reported on Dec, 6 by Barchart.com. We have $7.50 PT which if reached, will make NASDAQ:AKTS worth $6.91M more.

The stock decreased 3.93% or $0.38 during the last trading session, reaching $9.29. About 2.40 million shares traded. Cenovus Energy Inc. (NYSE:CVE) has declined 34.01% since December 6, 2016 and is downtrending. It has underperformed by 50.71% 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 $11.42 billion. The Company’s Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. It has a 4.13 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.

Akoustis Technologies, Inc. engages in developing, designing, and manufacturing radio frequency filter products for the mobile wireless device industries. The company has market cap of $138.29 million. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and WiFi premise equipment. It currently has negative earnings. The firm focuses on manufacturing and commercializing its patented Bulk ONE acoustic wave technology to address the frequency-selectivity requirements in mobile smartphones, enhancing the efficiency and signal quality of mobile wireless devices and enabling The Internet of Things.