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Barclays cut their price target on shares of Ovintiv from $60.00 to $56.00 and set an “overweight” rating on the stock in a report on Monday, January 23rd.
Belpointe Asset Management LLC acquired a new position in shares of Ovintiv during the 4th quarter worth approximately $29,000.
Belpointe Asset Management LLC acquired a new position in shares of Ovintiv in the fourth quarter valued at $29,000.
Cowen lifted their price objective on shares of Ovintiv to $79.00 in a report on Tuesday, November 15th.
Dodge & Cox grew its holdings in shares of Ovintiv by 24.8% during the first quarter.
Going forward, Ovintiv will steward towards a 1.0 times leverage ratio and of total debt.
Source: https://investingnews.com/ovintiv-to-acquire-core-midland-basin-assets/
Jefferies Financial Group assumed coverage on Ovintiv in a report on Wednesday, October 19th.
JPMorgan Chase & Co. cut shares of Ovintiv from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $59.00 to $53.00 in a report on Tuesday, March 14th.
On average, sell-side analysts anticipate that Ovintiv Inc. will post 6.38 earnings per share for the current fiscal year.
Once completed, Ovintiv will have 179,000 net acres in the Permian Basin, generating 190,000 barrels of oil equivalent per day (MBOE/d), 65% higher than before the acquisition.
Quent Capital LLC purchased a new stake in Ovintiv during the 3rd quarter worth approximately $58,000.
Royal Bank of Canada decreased their price objective on shares of Ovintiv from $57.00 to $55.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 4th.
Truist Financial Boosts Ovintiv Price Target to $54.
Source: https://www.americanbankingnews.com/2023/08/04/ametek-nyseame-issues-quarterly-earnings-results.html
UBS Group began coverage on shares of Ovintiv in a research note on Wednesday, April 19th.
Veriti Management LLC boosted its holdings in shares of Ovintiv by 5.2% in the third quarter.