Jeanine Wai analyst at Barclays reiterates coverage on Ovintiv (OVV) stock in the Utilities sector with a Buy rating. TipRanks.com has Wai rated as a 4.5 star analyst with a 51% return on investment and a 9.5% success rate. Wai has set a price target of $ 71.
TipRanks.com reports that Ovintiv stock currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for OVV's stock is $68.00. The target pricing ranges from a high forecast of $100.00 down to a low forecast of $51.00. Ovintiv (OVV)’s stock last closing price was $45.63 which would put the average price target at 49.02% upside.
In addition, TradingView issued a Sell rating for OVV's stock over the next month, Barchart.com has a hold rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on OVV stock.
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This article was pulled from energystockmovers.com as they are an authority in the Energy Stock Sector. EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production.
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