In a report released yesterday, Gregory Pardy from RBC Capital maintained a Hold rating on Ovintiv. The company’s shares closed yesterday at $39.67.
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According to TipRanks, Pardy is a 5-star analyst with an average return of 20.2% and a 63.64% success rate. Pardy covers the Energy sector, focusing on stocks such as Ovintiv, Canadian Natural, and Imperial Oil.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ovintiv with a $53.07 average price target.
OVV market cap is currently $10.3B and has a P/E ratio of 17.75.
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