Page 6 - Market Optimization News Today

Ovintiv (NYSE:OVV – Get Free Report) had its target price cut by analysts at Wells Fargo & Company from $51.00 to $49.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 11.46% from […]

Ovintiv Inc. (NYSE:OVV – Get Free Report) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 7,400,000 shares, a drop of 19.8% from the October 15th total of 9,230,000 shares. Currently, 3.1% of the shares of the stock are sold short. Based on […]

Ovintiv Inc. (NYSE:OVV – Get Free Report) has been assigned an average rating of “Hold” from the sixteen brokerages that are covering the stock, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokers […]

Van ECK Associates Corp boosted its holdings in Ovintiv Inc. (NYSE:OVV – Free Report) by 37.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,666 shares of the company’s stock after buying an additional 2,072 shares during the period. Van ECK Associates […]

Decoding Ovintiv Inc (OVV): A Strategic SWOT Insight

Ovintiv (NYSE:OVV – Get Free Report) and Triangle Petroleum (OTCMKTS:TPLM – Get Free Report) are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, analyst recommendations, profitability, dividends, institutional ownership and risk. Valuation and Earnings This table compares Ovintiv and Triangle […]

Crossmark Global Holdings Inc. bought a new position in shares of Ovintiv Inc. (NYSE:OVV – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 16,700 shares of the company’s stock, valued at approximately $753,000. Other large investors have also recently added to or reduced their […]

Ovintiv Inc. (TSE:OVV – Free Report) – Analysts at Zacks Research raised their Q3 2023 earnings per share (EPS) estimates for Ovintiv in a research note issued to investors on Wednesday, October 18th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $2.09 for the quarter, up from […]

Shares of Ovintiv Inc. (NYSE:OVV – Get Free Report) have been assigned an average recommendation of “Hold” from the seventeen research firms that are currently covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month […]

Ovintiv Inc. (NYSE:OVV – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 8,760,000 shares, a decline of 20.4% from the September 15th total of 11,000,000 shares. Based on an average trading volume of 3,080,000 shares, the days-to-cover ratio is […]