Nitin Kumar analyst at Wells Fargo reiterates coverage on Ovintiv (OVV) in the Utilities sector with a Buy rating. TipRanks.com has Kumar rated as a 5 star analyst with a 81% return on investment and a 37.5% success rate. Kumar has set a price target of $ 68.
TipRanks.com reports that Ovintiv currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $63.30. The target pricing ranges from a high forecast of $82.00 down to a low forecast of $39.96. Ovintiv (OVV)’s last closing price was $$43.18 which would put the average price target at 46.60% upside.
In addition, TradingView issued a Sell rating for OVV over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on OVV.
Other analysts covering OVV include:
- Gregory Pardy of RBC Capital issued a Buy rating with the price target of $ 50 on 1 day ago
- Neal Dingmann of Truist Financial issued a Buy rating with the price target of $ 72 on 1 day ago
- Doug Leggate of Bank of America Securities issued a Hold rating with the price target of $ 65 on 2 days ago
- Vincent Lovaglio of Mizuho Securities issued a Buy rating with the price target of $ 78 on 3 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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