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TSE:OVV - Ovintiv Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$50.38
  • Forecasted Upside: -11.53 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
C$56.94 As of 06/30/2022 01:00 AM ET
▼ -2.02 (-3.43%)

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$50.38
▼ -11.53% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Ovintiv in the last 3 months. The average price target is C$50.38, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a -11.53% upside from the last price of C$56.94.

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 10 polled investment analysts is to buy stock in Ovintiv. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/9/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/9/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/8/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/6/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/4/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/3/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/23/2022Capital One FinancialUpgradeEqual Weight ➝ Overweight
2/25/2022Raymond JamesSet Price TargetMarket PerformC$52.00
1/21/2022Tudor PickeringBoost Price TargetBuyC$54.00
1/21/2022Tudor Pickering & HoltBoost Price TargetBuyC$51.00 ➝ C$54.00
1/4/2022The Goldman Sachs GroupReiterated RatingBuyC$47.00
11/3/2021Tudor Pickering & HoltBoost Price TargetBuyC$40.00 ➝ C$51.00
11/3/2021Tudor PickeringBoost Price TargetBuyC$51.00
10/26/2021The Goldman Sachs GroupSet Price 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 Price TargetBuyC$40.00
9/10/2021CIBCReiterated RatingNeutralC$50.00
9/10/2021Tudor Pickering & HoltLower Price 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 Price TargetBuyC$44.00
7/28/2021Tudor PickeringLower Price TargetBuyC$41.00
7/21/2021Tudor PickeringReiterated RatingBuyC$42.00
7/21/2021Tudor Pickering & HoltSet Price TargetBuyC$42.00
7/20/2021Raymond JamesReiterated RatingMarket PerformC$44.00
7/15/2021Tudor Pickering & HoltBoost Price TargetBuyC$37.00 ➝ C$42.00
7/15/2021Tudor PickeringBoost Price TargetBuyC$42.00
6/17/2021National Bank FinancialBoost Price TargetOutperformC$50.00
6/10/2021Tudor Pickering & HoltBoost Price TargetBuyC$34.00 ➝ C$37.00
6/10/2021Tudor PickeringBoost Price 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 Price TargetBuyC$38.00
4/29/2021Tudor PickeringBoost Price TargetBuyC$34.00
4/29/2021Tudor Pickering & HoltBoost Price TargetBuyC$30.00 ➝ C$34.00
4/19/2021Raymond JamesLower Price TargetMarket PerformC$31.00
4/15/2021National Bank FinancialBoost Price TargetOutperformC$40.00
3/25/2021Tudor PickeringReiterated RatingBuyC$30.00
3/25/2021Raymond JamesReiterated RatingMarket PerformC$30.00
3/25/2021Credit Suisse GroupBoost Price TargetNeutralC$24.00
3/25/2021CSFBBoost Price TargetNeutralC$22.00 ➝ C$24.00
3/25/2021Tudor Pickering & HoltSet Price TargetBuyC$30.00
3/15/2021Tudor Pickering & HoltSet Price TargetHoldC$30.00
3/15/2021Tudor PickeringBoost Price TargetHOLDC$30.00
2/25/2021Raymond JamesReiterated RatingOutperformC$21.00
2/19/2021TD SecuritiesBoost Price TargetHoldC$24.00
2/19/2021Tudor PickeringReiterated RatingHoldC$17.00
2/19/2021Royal Bank of CanadaBoost Price TargetSector PerformC$18.00 ➝ C$23.00
1/25/2021Tudor PickeringReiterated RatingHoldC$17.00
1/25/2021Tudor Pickering & HoltSet Price TargetHoldC$17.00
1/18/2021Raymond JamesBoost Price TargetMarket PerformC$21.00
11/20/2020Tudor PickeringReiterated RatingHoldC$12.00
11/20/2020Tudor Pickering & HoltSet Price TargetHoldC$12.00
10/13/2020Tudor Pickering & HoltSet Price TargetHoldC$14.00
9/21/2020Tudor PickeringReiterated RatingHoldC$14.00
9/21/2020Tudor Pickering & HoltSet Price TargetHoldC$14.00
9/2/2020Tudor PickeringReiterated RatingHoldC$13.00
9/2/2020Tudor Pickering & HoltSet Price TargetHoldC$13.00
5/8/2020CSFBReiterated RatingNeutral
4/23/2020National Bank FinancialBoost Price TargetOutperformC$6.50 ➝ C$7.50
3/13/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/13/2020CSFBSet Price TargetNeutralC$3.00
3/10/2020National Bank FinancialLower Price TargetOutperformC$5.50
2/7/2020Capital One FinancialReiterated RatingEqual Weight
1/9/2020BarclaysDowngradeEqual Weight ➝ Underweight
11/1/2019CIBCLower Price TargetUnderperformC$5.00 ➝ C$4.00
10/2/2019National Bank FinancialLower Price TargetOutperformC$9.50 ➝ C$8.50
7/18/2019Royal Bank of CanadaLower Price TargetC$11.00 ➝ C$9.00
7/9/2019CormarkLower Price TargetC$15.00 ➝ C$13.00
6/25/2019National Bank FinancialLower Price TargetOutperformC$11.00 ➝ C$8.50
6/14/2019BMO Capital MarketsLower Price TargetC$11.00 ➝ C$9.00
4/8/2019AltaCorp CapitalReiterated RatingOutperform
4/8/2019National Bank FinancialBoost Price TargetC$10.50 ➝ C$11.00
3/4/2019MacquarieUpgradeNeutral ➝ Outperform
3/1/2019Jefferies Financial GroupBoost Price TargetC$10.00 ➝ C$11.00
1/30/2019MizuhoReiterated RatingNeutralC$10.50
1/8/2019BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$12.00 ➝ C$11.00
1/7/2019AltaCorp CapitalUpgradeSector Perform ➝ Outperform
12/13/2018GMP SecuritiesLower Price TargetC$15.00 ➝ C$11.00
12/13/2018Jefferies Financial GroupSet Price TargetC$11.00
12/10/2018National Bank FinancialLower Price TargetOutperformC$18.50 ➝ C$10.50
11/2/2018AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
5/3/2018BMO Capital MarketsSet Price TargetOutperformC$15.00
4/18/2018BMO Capital MarketsSet Price TargetOutperformC$15.00
2/16/2018Sanford C. BernsteinBoost Price TargetC$19.89 ➝ C$19.98
2/7/2018AltaCorp CapitalUpgradeSector Perform ➝ Outperform
1/15/2018AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
10/20/2017ScotiabankBoost Price TargetSector PerformC$16.25
10/20/2017Raymond JamesBoost Price TargetStrong-BuyC$20.00
7/24/2017AltaCorp CapitalUpgradeSector Perform ➝ Outperform
7/24/2017TD SecuritiesBoost Price TargetBuyC$15.50
7/24/2017Royal Bank of CanadaBoost Price TargetOutperformC$16.25
7/24/2017Raymond JamesBoost Price TargetStrong-BuyC$19.00
(Data available from 7/3/2017 forward)

News Sentiment Rating

0.25 (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
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/5/2021
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/4/2022
  • 2 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
2/3/2022
  • 4 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
3/5/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/4/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/4/2022
  • 4 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/3/2022
  • 2 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/3/2022

Current Sentiment

  • 2 very positive mentions
  • 12 positive mentions
  • 2 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, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. 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$56.94
Low: C$56.00
High: C$58.87

50 Day Range

MA: C$65.43
Low: C$55.34
High: C$77.55

52 Week Range

Now: C$56.94
Low: C$28.10
High: C$79.28

Volume

781,500 shs

Average Volume

459,529 shs

Market Capitalization

C$14.73 billion

P/E Ratio

13.65

Dividend Yield

2.18%

Beta

N/A

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: Capital One Financial Co., CIBC, Raymond James, Royal Bank of Canada, Seaport Res Ptn, TD Securities, The Goldman Sachs Group, Inc., Tudor Pickering, Tudor Pickering & Holt, and UBS Group AG.
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$50.38, suggesting a possible downside of 11.5%.
View the latest price targets for OVV.

What is the current consensus analyst rating for Ovintiv?

Ovintiv currently has 3 hold ratings and 7 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.

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.