TSE:OVV - Ovintiv Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$35.63
  • Forecasted Upside: -8.93 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$39.12
▲ +0.6 (1.56%)

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$35.63
▼ -8.93% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Ovintiv in the last 3 months. The average price target is C$35.63, with a high forecast of C$50.00 and a low forecast of C$24.00. The average price target represents a -8.93% upside from the last price of C$39.12.

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 9 polled investment analysts is to buy stock in Ovintiv. This rating has held steady since January 2021, when it changed from a Hold 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
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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
7/10/2018Canaccord GenuityBoost Price TargetC$16.00 ➝ C$19.00
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
6/30/2017TD SecuritiesUpgradeHold ➝ BuyC$15.00
6/21/2017BMO Capital MarketsReiterated RatingOutperformC$13.00
6/13/2017TD SecuritiesLower Price TargetHoldC$15.50
5/31/2017Raymond JamesInitiated CoverageOutperformC$20.00
5/3/2017TD SecuritiesReiterated RatingHoldC$18.00
5/3/2017ScotiabankReiterated RatingUnderperformC$18.00
5/2/2017AltaCorp CapitalReiterated RatingSector Perform
4/20/2017ScotiabankReiterated RatingUnderperformC$15.00
2/21/2017GMP SecuritiesDowngradeBuy ➝ Hold
2/17/2017ScotiabankReiterated RatingUnderperformC$12.00
2/17/2017TD SecuritiesReiterated RatingHoldC$15.00
1/27/2017TD SecuritiesDowngradeBuy ➝ HoldC$15.00
1/5/2017ScotiabankBoost Price TargetUnderperformC$11.00 ➝ C$12.00
12/21/2016BMO Capital MarketsBoost Price TargetC$14.00 ➝ C$15.00
11/18/2016TD SecuritiesReiterated RatingBuyC$13.00
11/4/2016ScotiabankReiterated RatingTop PickC$10.00
11/4/2016TD SecuritiesReiterated RatingBuyC$13.00
11/4/2016Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$17.50
10/9/2016TD SecuritiesBoost Price TargetBuyC$12.50 ➝ C$13.00
10/6/2016BMO Capital MarketsBoost Price TargetC$12.00 ➝ C$14.00
10/6/2016Royal Bank of CanadaBoost Price TargetSector PerformC$14.00 ➝ C$16.50
10/3/2016TD SecuritiesBoost Price TargetBuyC$11.50 ➝ C$12.00
9/30/2016CIBCUpgradeUnderperform ➝ Sector Perform
9/21/2016Royal Bank of CanadaBoost Price TargetSector PerformC$13.00 ➝ C$14.00
9/12/2016Royal Bank of CanadaBoost Price TargetOutperformC$11.50 ➝ C$12.75
8/17/2016TD SecuritiesReiterated RatingBuyC$11.50
7/22/2016Royal Bank of CanadaReiterated RatingSector PerformC$11.50
(Data available from 6/24/2016 forward)
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 Eagle Ford in south Texas, Bakken in North Dakota, and Uinta in central Utah; and Duvernay in west central Alberta, 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$39.12
Low: C$37.97
High: C$39.13

50 Day Range

MA: C$32.71
Low: C$27.47
High: C$38.90

52 Week Range

Now: C$39.12
Low: C$9.07
High: C$39.32

Volume

174,702 shs

Average Volume

547,493 shs

Market Capitalization

C$10.21 billion

P/E Ratio

N/A

Dividend Yield

1.21%

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: Barclays PLC, Credit Suisse Group AG, CSFB, National Bank Financial, Raymond James, Royal Bank of Canada, TD Securities, Tudor Pickering, and Tudor Pickering & Holt.
View the latest analyst ratings for OVV.

What is the current price target for Ovintiv?

8 Wall Street analysts have set twelve-month price targets for Ovintiv in the last year. Their average twelve-month price target is C$35.63, suggesting a possible downside of 8.9%. National Bank Financial has the highest price target set, predicting OVV will reach C$50.00 in the next twelve months. CSFB has the lowest price target set, forecasting a price of C$24.00 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 4 hold ratings and 5 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?

How do I contact Ovintiv's investor relations team?

The company's listed phone number is 303-623-2300. The official website for Ovintiv is www.ovintiv.com.