What 6 Analyst Ratings Have To Say About Ovintiv
Portfolio Pulse from Benzinga Insights
Over the last quarter, Ovintiv (NYSE:OVV) received 6 analyst ratings, with 3 being bullish and 3 indifferent. No somewhat bullish or bearish ratings were given. The average 12-month price target for Ovintiv is $55.00, with a high of $67.00 and a low of $47.00. This target has increased by 4.76% over the past month. Analyst ratings are provided quarterly and are based on financial statements, meetings, and insider information, but they are subject to human error.
November 22, 2023 | 12:00 pm
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POSITIVE IMPACT
Ovintiv received an equal number of bullish and indifferent ratings from analysts, with an average price target of $55.00, reflecting a recent increase of 4.76%.
The equal number of bullish and indifferent ratings suggest a cautiously optimistic outlook for Ovintiv. The increase in the average price target over the past month may positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100