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Ovintiv - OVV Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$58.50
  • Forecasted Upside: -8.47%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 3 Strong Buy Ratings
C$63.91 As of 11/20/2024 01:00 AM ET
▲ +1.57 (2.52%)

This chart shows the closing price for OVV by one month, three months, or twelve months.

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Analyst Price Target for OVV

Analyst Price Target is C$58.50
▼ -8.47% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Ovintiv in the last 3 months. The average price target is C$58.50, with a high forecast of C$68.00 and a low forecast of C$49.00. The average price target represents a -8.47% upside from the last price of C$63.91.

This chart shows the closing price for OVV for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 5 contributing investment analysts is to buy stock in Ovintiv. This rating has held steady since June 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 2 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 3 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 3 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 3 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/15/2024Siebert Williams ShankUpgradeStrong-Buy
7/18/2024Wolfe ResearchUpgradeStrong-Buy
7/10/2024Evercore ISIUpgradeHold ➝ Strong-Buy
4/19/2024National BanksharesBoost TargetOutperformC$59.00 ➝ C$68.00
2/29/2024Royal Bank of CanadaBoost TargetSector PerformC$48.00 ➝ C$49.00
7/31/2023Royal Bank of CanadaBoost TargetSector PerformC$46.00 ➝ C$47.00
4/4/2023Royal Bank of CanadaLower TargetSector PerformC$57.00 ➝ C$55.00
3/1/2023Royal Bank of CanadaLower TargetSector PerformC$58.00 ➝ C$57.00
3/23/2022Capital One FinancialUpgradeEqual Weight ➝ Overweight
2/25/2022Raymond JamesSet TargetMarket PerformC$52.00
1/21/2022Tudor PickeringBoost TargetBuyC$54.00
1/21/2022Tudor Pickering & HoltBoost TargetBuyC$51.00 ➝ C$54.00
1/4/2022The Goldman Sachs GroupReiterated RatingBuyC$47.00
11/3/2021Tudor Pickering & HoltBoost TargetBuyC$40.00 ➝ C$51.00
11/3/2021Tudor PickeringBoost TargetBuyC$51.00
10/26/2021The Goldman Sachs GroupSet TargetBuyC$47.00
9/29/2021UBS GroupReiterated RatingBuyC$46.00
9/23/2021Seaport Res PtnReiterated RatingBuy
9/22/2021Royal Bank of CanadaReiterated RatingSector PerformC$56.00
9/13/2021Raymond JamesReiterated RatingMarket PerformC$44.00
9/10/2021Tudor PickeringLower TargetBuyC$40.00
9/10/2021CIBCReiterated RatingNeutralC$50.00
9/10/2021Tudor Pickering & HoltLower TargetBuyC$41.00 ➝ C$40.00
9/7/2021The Goldman Sachs GroupReiterated RatingBuyC$34.00
7/29/2021Royal Bank of CanadaReiterated RatingSector PerformC$44.00
7/28/2021TD SecuritiesBoost TargetBuyC$44.00
7/28/2021Tudor PickeringLower TargetBuyC$41.00
7/21/2021Tudor PickeringReiterated RatingBuyC$42.00
7/21/2021Tudor Pickering & HoltSet TargetBuyC$42.00
7/20/2021Raymond JamesReiterated RatingMarket PerformC$44.00
7/15/2021Tudor Pickering & HoltBoost TargetBuyC$37.00 ➝ C$42.00
7/15/2021Tudor PickeringBoost TargetBuyC$42.00
6/17/2021National Bank FinancialBoost TargetOutperformC$50.00
6/10/2021Tudor Pickering & HoltBoost TargetBuyC$34.00 ➝ C$37.00
6/10/2021Tudor PickeringBoost TargetBuyC$37.00
6/3/2021BarclaysUpgradeUnderperform ➝ Overweight
4/30/2021Raymond JamesReiterated RatingMarket PerformC$31.00
4/30/2021Royal Bank of CanadaReiterated RatingSector PerformC$44.00
4/29/2021TD SecuritiesBoost TargetBuyC$38.00
4/29/2021Tudor PickeringBoost TargetBuyC$34.00
4/29/2021Tudor Pickering & HoltBoost TargetBuyC$30.00 ➝ C$34.00
4/19/2021Raymond JamesLower TargetMarket PerformC$31.00
4/15/2021National Bank FinancialBoost TargetOutperformC$40.00
3/25/2021Tudor PickeringReiterated RatingBuyC$30.00
3/25/2021Raymond JamesReiterated RatingMarket PerformC$30.00
3/25/2021Credit Suisse GroupBoost TargetNeutralC$24.00
3/25/2021CSFBBoost TargetNeutralC$22.00 ➝ C$24.00
3/25/2021Tudor Pickering & HoltSet TargetBuyC$30.00
3/15/2021Tudor Pickering & HoltSet TargetHoldC$30.00
3/15/2021Tudor PickeringBoost TargetHOLDC$30.00
2/25/2021Raymond JamesReiterated RatingOutperformC$21.00
2/19/2021TD SecuritiesBoost TargetHoldC$24.00
2/19/2021Tudor PickeringReiterated RatingHoldC$17.00
2/19/2021Royal Bank of CanadaBoost TargetSector PerformC$18.00 ➝ C$23.00
1/25/2021Tudor PickeringReiterated RatingHoldC$17.00
1/25/2021Tudor Pickering & HoltSet TargetHoldC$17.00
1/18/2021Raymond JamesBoost TargetMarket PerformC$21.00
11/20/2020Tudor PickeringReiterated RatingHoldC$12.00
11/20/2020Tudor Pickering & HoltSet TargetHoldC$12.00
10/13/2020Tudor Pickering & HoltSet TargetHoldC$14.00
9/21/2020Tudor PickeringReiterated RatingHoldC$14.00
9/21/2020Tudor Pickering & HoltSet TargetHoldC$14.00
9/2/2020Tudor PickeringReiterated RatingHoldC$13.00
9/2/2020Tudor Pickering & HoltSet TargetHoldC$13.00
5/8/2020CSFBReiterated RatingNeutral
4/23/2020National Bank FinancialBoost TargetOutperformC$6.50 ➝ C$7.50
3/13/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/13/2020CSFBSet TargetNeutralC$3.00
3/10/2020National Bank FinancialLower TargetOutperformC$5.50
2/7/2020Capital One FinancialReiterated RatingEqual Weight
1/9/2020BarclaysDowngradeEqual Weight ➝ Underweight
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 8 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 6 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 3 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 3 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ovintiv logo
Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. In addition, the company's upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
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Today's Range

Now: C$63.91
Low: C$62.34
High: C$64.16

50 Day Range

MA: C$56.48
Low: C$49.86
High: C$63.91

52 Week Range

Now: C$63.91
Low: C$49.74
High: C$76.63

Volume

244,013 shs

Average Volume

125,494 shs

Market Capitalization

C$16.85 billion

P/E Ratio

6.54

Dividend Yield

2.72%

Beta

2.63

Frequently Asked Questions

What sell-side analysts currently cover shares of Ovintiv?

The following Wall Street sell-side analysts have issued stock ratings on Ovintiv in the last year: Evercore ISI, National Bankshares, Inc., Royal Bank of Canada, Siebert Williams Shank, and Wolfe Research.
View the latest analyst ratings for OVV.

What is the current price target for Ovintiv?

0 Wall Street analysts have set twelve-month price targets for Ovintiv in the last year. Their average twelve-month price target is C$58.50, suggesting a possible downside of 8.5%. National Bankshares, Inc. has the highest price target set, predicting OVV will reach C$68.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$49.00 for Ovintiv in the next year.
View the latest price targets for OVV.

What is the current consensus analyst rating for Ovintiv?

Ovintiv currently has 1 hold rating, 1 buy rating and 3 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe OVV will outperform the market and that investors should add to their positions of Ovintiv.
View the latest ratings for OVV.

What other companies compete with Ovintiv?

Other companies that are similar to Ovintiv include Imperial Oil, Cenovus Energy, ARC Resources, Husky Energy Inc. (HSE.TO) and Paramount Resources. Learn More about companies similar to Ovintiv.

How do I contact Ovintiv's investor relations team?

Ovintiv's physical mailing address is 500 Centre Street SE, Calgary, Alberta T2P 2S5. The company's listed phone number is 303-623-2300. The official website for Ovintiv is www.ovintiv.com. Learn More about contacing Ovintiv investor relations.