UBS Raises Ovintiv Price Target to $55.00: A Comprehensive Analysis of Analyst Ratings
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TL;DR
UBS raised Ovintiv's price target to $55.00 with a Buy rating, reflecting positive analyst sentiment. The average target is $54.06, but the GF Value suggests a potential downside from the current price.
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OvintivUBSprice targetanalyst ratingsstock analysis
UBS analyst Josh Silverstein raised Ovintiv's (OVV) price target to $55.00 with a Buy rating. Recent analyst ratings show a strong inclination towards a positive outlook for OVV. The average target price for Ovintiv is $54.06, with a high estimate of $72.00 and a low estimate of $42.00. Ovintiv's average brokerage recommendation is currently 1.9, indicating "Outperform" status. The estimated GF Value for Ovintiv in one year is $36.35, suggesting a downside of 9.89% from the current price of $40.34.
