NYSE:OVV

Ovintiv Price Target, Predictions & Analyst Ratings

$29.37
-0.24 (-0.81 %)
(As of 09/17/2021 12:00 AM ET)
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Today's Range
$29.15
$29.98
50-Day Range
$22.64
$30.48
52-Week Range
$6.81
$33.46
Volume5.00 million shs
Average Volume2.88 million shs
Market Capitalization$7.67 billion
P/E RatioN/A
Dividend Yield1.89%
Beta3.92

Ovintiv (NYSE:OVV) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analyst Rating Consensus

Buy
Based on 21 Analyst Ratings

Analyst Price Target Consensus

$32.36

High PT$46.00
Average PT$32.36
Low PT$16.50
TypeCurrent
9/19/20 to 9/19/21
1 Month Ago
8/20/20 to 8/20/21
3 Months Ago
6/21/20 to 6/21/21
1 Year Ago
9/20/19 to 9/19/20
Consensus Rating
Buy
Buy
Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
16 Buy rating(s)
15 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
17 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$32.36$31.78$28.26$12.02
Price Target Upside10.17% Upside34.76% Upside31.04% Upside31.01% Upside
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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ovintiv (NYSE:OVV) vs. Its Competitors

TypeOvintivOils/Energy CompaniesS&P 500
Consensus Rating Score
2.81
2.43
2.56
Consensus RatingBuyHoldBuy
Price Target Upside31.19% Upside8.37% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
86
60.14%
Underperform Votes
57
39.86%
Avg. Outperform Votes
271
65.30%
Avg. Underperform Votes
144
34.70%
Avg. Outperform Votes
829
69.55%
Avg. Underperform Votes
363
30.45%

Ovintiv (NYSE:OVV) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/19/2021Mizuho
Reiterated RatingBuy
9/13/2021Raymond James
George Huang
Set Price TargetMarket Perform$35.00+16.28%
8/30/2021Morgan Stanley
Lower Price TargetOverweight$47.00 ➝ $46.00+69.24%
8/24/2021Cowen
UpgradeMarket Perform ➝ Outperform$40.00 ➝ $39.00+59.38%
8/23/2021Wells Fargo & Company
Nitin Kumar CFA
Boost Price TargetOverweight$38.00 ➝ $40.00+64.61%
8/17/2021Bank of America
Initiated CoverageBuy
7/30/2021National Bank Financial
Lower Price TargetOutperform$41.00 ➝ $38.00+49.61%
7/30/2021National Bankshares
Lower Price TargetOutperform$41.00 ➝ $38.00+48.50%
7/19/2021Credit Suisse Group
UpgradeNeutral ➝ Outperform$29.00 ➝ $38.00+45.65%
6/25/2021Citigroup
UpgradeNeutral ➝ Buy$34.00 ➝ $43.00+35.43%
6/3/2021Barclays
UpgradeUnderweight ➝ Overweight$21.00 ➝ $33.00+11.45%
5/26/2021JPMorgan Chase & Co.
UpgradeNeutral ➝ Overweight$28.00 ➝ $32.00+27.14%
4/29/2021TD Securities
UpgradeHold ➝ Buy$28.00 ➝ $31.00+27.31%
4/23/2021Wolfe Research
UpgradePeer Perform ➝ Outperform$30.00+36.61%
3/29/2021The Goldman Sachs Group
UpgradeNeutral ➝ Buy$26.75 ➝ $29.00+19.59%
3/24/2021Tudor Pickering
UpgradeAccumulate ➝ Buy$30.00+26.53%
3/8/2021Truist
Boost Price Target$30.00 ➝ $43.00+61.47%
2/19/2021Tudor Pickering & Holt
Set Price TargetHold$17.00-22.16%
2/19/2021Royal Bank of Canada
Boost Price TargetIn-Line ➝ Sector Perform$18.00 ➝ $23.00+9.79%
12/16/2020CIBC
UpgradeUnderperform ➝ Neutral$12.00 ➝ $19.00+27.95%
11/2/2020MKM Partners
Boost Price TargetBuy$13.00 ➝ $17.00+81.04%
6/29/2020UBS Group
Boost Price TargetBuy$10.00 ➝ $17.00+85.39%
6/29/2020BMO Capital Markets
Randy Ollenberger
UpgradeMarket Perform ➝ Outperform$6.50 ➝ $13.00+46.89%
6/19/2020SunTrust Banks
Boost Price TargetHold$7.00 ➝ $12.00+11.84%
4/28/2020Eight Capital
DowngradeNeutral ➝ Sell
3/13/2020Stifel Firstegy
M. Dunn
DowngradeBuy ➝ Hold
3/13/2020Stifel Nicolaus
Michael Dunn
DowngradeHold$5.00+61.81%
2/7/2020Capital One Financial
R. Tullis
Initiated CoverageEqual Weight$25.00+47.75%
1/30/2020Canaccord Genuity
Initiated CoverageHold$23.75+47.61%
11/25/2019Scotiabank
DowngradeOutperform ➝ Sector Perform$5.50+35.47%
9/23/2019Macquarie
Initiated CoverageNeutral$5.50+12.47%
4/30/2019Sanford C. Bernstein
DowngradeOutperform ➝ Market Perform
4/8/2019AltaCorp Capital
T. Matthews
Reiterated RatingOutperform
3/7/2019CSFB
Reiterated RatingOutperform$10.00+44.93%
2/28/2019Societe Generale
John Herrlin
Set Price TargetBuy$8.00+10.34%
1/30/2019Jefferies Financial Group
Zach Parham
Reiterated RatingBuy$10.00+45.77%
11/15/2018GMP Securities
Reiterated RatingBuy
11/2/2018Desjardins
DowngradeBuy ➝ Hold$17.00 ➝ $13.00+45.09%
(Data available from 9/19/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)
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Ovintiv (NYSE:OVV) Analyst Ratings Frequently Asked Questions

What is Ovintiv's consensus rating and price target?

According to the issued ratings of 21 analysts in the last year, the consensus rating for Ovintiv stock is Buy based on the current 4 hold ratings and 17 buy ratings for OVV. The average twelve-month price target for Ovintiv is $32.36 with a high price target of $46.00 and a low price target of $16.50. Learn more on OVV's analyst rating history

Do Wall Street analysts like Ovintiv more than its competitors?

Analysts like Ovintiv stock more than the stock of other Oils/Energy companies. The consensus rating for Ovintiv is Buy while the average consensus rating for oils/energy companies is Hold. Learn more on how OVV compares to other companies

Do MarketBeat users like Ovintiv more than its competitors?

MarketBeat users like Ovintiv stock less than the stock of other Oils/Energy companies. 60.14% of MarketBeat users gave Ovintiv an outperform vote while oils/energy companies recieve an average of 65.30% outperform votes by MarketBeat users.

Is Ovintiv being upgraded by Wall Street analysts?

Over the previous 90 days, Ovintiv's stock had 3 upgrades by analysts.

Does Ovintiv's stock price have much upside?

According to analysts, Ovintiv's stock has a predicted upside of 36.66% based on their 12-month price targets.

What analysts cover Ovintiv?

This page was last updated on 9/19/2021 by MarketBeat.com Staff
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