Southcross Energy Partners, L.P. (SXE) Forms $1.68 Double Bottom; Profile of 3 Analysts Covering Cenovus Energy Inc. (TSE:CVE)

Cenovus Energy Inc. (TSE:CVE) Logo

Southcross Energy Partners, L.P. (SXE) formed double bottom with $1.58 target or 6.00% below today’s $1.68 share price. Southcross Energy Partners, L.P. (SXE) has $136.27M valuation. The stock decreased 0.59% or $0.01 during the last trading session, reaching $1.68. About 4,854 shares traded. Southcross Energy Partners, L.P. (NYSE:SXE) has declined 50.00% since April 16, 2017 and is downtrending. It has underperformed by 61.55% the S&P500.

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. TD Securities downgraded the stock to “Hold” rating in Thursday, August 11 report. The stock of Cenovus Energy Inc. (TSE:CVE) earned “Outperform” rating by RBC Capital Markets on Monday, June 20. The stock has “Buy” rating by TD Securities on Friday, March 24. The firm has “Underperform” rating given on Tuesday, January 24 by Macquarie Research. The rating was maintained by TD Securities on Friday, December 9 with “Hold”. On Friday, December 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. TD Securities maintained the shares of CVE in report on Friday, October 28 with “Hold” rating. As per Friday, June 30, the company rating was downgraded by TD Securities. Credit Suisse upgraded Cenovus Energy Inc. (TSE:CVE) on Thursday, July 23 to “Outperform” rating. The rating was upgraded by National Bank Canada to “Outperform” on Friday, February 12. 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

The stock increased 2.25% or $0.28 during the last trading session, reaching $12.72. About 5.21 million shares traded or 12.81% up from the average. Cenovus Energy Inc. (TSE:CVE) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% 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 $15.63 billion. The Company’s Oil Sands segment develops and produces bitumen and natural gas in northeast Alberta. It has a 4.17 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.

Investors sentiment decreased to 0.85 in Q4 2017. Its down 0.15, from 1 in 2017Q3. It worsened, as 5 investors sold Southcross Energy Partners, L.P. shares while 8 reduced holdings. 6 funds opened positions while 5 raised stakes. 2.17 million shares or 24.05% more from 1.75 million shares in 2017Q3 were reported. Royal Savings Bank Of Canada stated it has 0% in Southcross Energy Partners, L.P. (NYSE:SXE). Freestone Capital Holding Ltd Liability Co holds 81,600 shares. Brookfield Asset Management Incorporated invested in 211,000 shares. Virtu Ltd Liability Corporation holds 0% or 43,188 shares in its portfolio. Citadel Limited has 29,265 shares. Quinn Opportunity Ltd Llc holds 66,246 shares or 0.02% of its portfolio. Raymond James stated it has 13,711 shares or 0% of all its holdings. Hite Hedge Asset Limited Liability Com has invested 0.11% in Southcross Energy Partners, L.P. (NYSE:SXE). Goldman Sachs Grp owns 0% invested in Southcross Energy Partners, L.P. (NYSE:SXE) for 102,626 shares. Stifel Fincl Corporation reported 0% of its portfolio in Southcross Energy Partners, L.P. (NYSE:SXE). Center Coast Capital Advsrs L P owns 0.01% invested in Southcross Energy Partners, L.P. (NYSE:SXE) for 211,000 shares. California Public Employees Retirement Systems owns 18,400 shares for 0% of their portfolio. Bank Of America De owns 320,571 shares. Morgan Stanley reported 207,707 shares stake. Barclays Public Limited holds 0% or 102 shares in its portfolio.

Southcross Energy Partners, L.P. (NYSE:SXE) Institutional Positions Chart