The latest price target for Ovintiv (NYSE:OVV) was reported by Wells Fargo on December 17, 2024. The analyst firm set a price target for $42.00 expecting OVV to rise to within 12 months (a possible 8.36% upside). 41 analyst firms have reported ratings in the last year.

The latest analyst rating for Ovintiv (NYSE:OVV) was provided by Wells Fargo, and Ovintiv maintained their equal-weight rating.

The last upgrade for Ovintiv Inc happened on June 14, 2024 when Evercore ISI Group raised their price target to $60. Evercore ISI Group previously had an in-line for Ovintiv Inc.

The last downgrade for Ovintiv Inc happened on April 17, 2023 when Wells Fargo changed their price target from $64 to $40 for Ovintiv Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ovintiv, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ovintiv was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

While ratings are subjective and will change, the latest Ovintiv (OVV) rating was a maintained with a price target of $48.00 to $42.00. The current price Ovintiv (OVV) is trading at is $38.76, which is out of the analyst’s predicted range.