Evercore ISI analyst Chris Baker maintained a Buy rating on Ovintiv today and set a price target of $43.00. The company’s shares closed last Friday at $40.12.
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According to TipRanks, Baker is a 5-star analyst with an average return of 67.5% and an 82.35% success rate. Baker covers the Energy sector, focusing on stocks such as APA, Devon Energy, and Ovintiv.
Ovintiv has an analyst consensus of Strong Buy, with a price target consensus of $52.69, a 31.33% upside from current levels. In a report released on October 3, J.P. Morgan also reiterated a Buy rating on the stock with a $47.00 price target.
The company has a one-year high of $47.18 and a one-year low of $29.80. Currently, Ovintiv has an average volume of 3.12M.
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