Analyst Ratings For Ovintiv
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Ovintiv (NYSE:OVV), with a majority giving bullish ratings. The average 12-month price target has increased to $61.58, reflecting an 8.38% rise from the previous target. Despite revenue challenges, Ovintiv shows strong profitability and financial performance.
June 10, 2024 | 3:00 pm
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Ovintiv has received predominantly bullish ratings from analysts, with an average 12-month price target of $61.58, up 8.38% from the previous target. Despite a recent revenue decline, the company demonstrates strong profitability and financial performance.
The majority of analysts have given bullish ratings to Ovintiv, and the average price target has increased, indicating positive sentiment. Despite a revenue decline, the company's strong profitability metrics suggest a favorable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100