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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