Ovintiv (OVV) Stock Forecast & Price Target

C$61.59 +1.99 (+3.34%)

As of 04:00 PM Eastern

Ovintiv - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Strong Buy

Based on 5 Analyst Ratings

Sell
0

Hold
0

Buy
5

Based on 5 Wall Street analysts who have issued ratings for Ovintiv in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 5 analysts, 1 has given a buy rating, and 4 have given a strong buy rating for OVV.

Consensus Price Target

C$68.00
10.41% Upside

According to the 5 analysts' twelve-month price targets for Ovintiv, the average price target is C$68.00. The highest price target for OVV is C$68.00, while the lowest price target for OVV is C$68.00. The average price target represents a forecasted upside of 10.41% from the current price of C$61.59.

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OVV Analyst Ratings Over Time

Type	Current Forecast 3/24/24 to 3/24/25	1 Month Ago 2/23/24 to 2/22/25	3 Months Ago 12/25/23 to 12/24/24	1 Year Ago 3/25/23 to 3/24/24
Strong Buy	4 Strong Buy rating(s)	3 Strong Buy rating(s)	3 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	0 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$68.00	C$58.50	C$58.50	C$49.00
Forecasted Upside	10.41% Upside	-5.14% Downside	5.22% Upside	-29.34% Downside
Consensus Rating	Strong Buy	Buy	Buy	Hold

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OVV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

OVV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ovintiv Stock vs. The Competition

Type	Ovintiv	Energy Companies
Consensus Rating Score	3.80	2.72
Consensus Rating	Strong Buy	Moderate Buy
News Sentiment Rating	Positive News See Recent OVV News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/19/2025	Scotiabank 5 of 5 stars	K. Fisk Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/15/2024	Siebert Williams Shank 5 of 5 stars	G. Sorbara Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/18/2024	Wolfe Research 3 of 5 stars	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/10/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Richardson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
4/19/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$59.00 ➝ C$68.00	-4.78%
2/29/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$48.00 ➝ C$49.00	-26.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:42 PM ET.

Should I Buy Ovintiv Stock? OVV Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, March 21, 2025. Please send any questions or comments about these Ovintiv pros and cons to contact@marketbeat.com.

Ovintiv
Bull Case

Here are some ways that investors could benefit from investing in Ovintiv Inc.:

Ovintiv Inc. recently announced a quarterly dividend of $0.30 per share, which translates to an annualized dividend of $1.20 and a yield of 2.06%. This consistent dividend payment can provide a steady income stream for investors.
The stock price of Ovintiv Inc. is currently at C$58.22, reflecting a recent increase of C$2.30 during trading hours. A rising stock price can indicate positive market sentiment and potential for capital gains.
Analysts have raised their earnings estimates for Ovintiv Inc., with expectations of $2.19 per share for Q1 2025, up from a previous forecast of $2.04. This upward revision suggests improved financial performance and investor confidence.
The company has a relatively low price-to-earnings (P/E) ratio of 5.34, indicating that the stock may be undervalued compared to its earnings. A lower P/E ratio can attract value investors looking for bargains.
Ovintiv Inc. operates in the energy sector, focusing on natural gas and oil production, which can benefit from rising energy prices and demand, providing a favorable environment for growth.

Ovintiv
Bear Case

Investors should be bearish about investing in Ovintiv Inc. for these reasons:

The company has a high debt-to-equity ratio of 63.59, indicating that it relies significantly on debt to finance its operations. High leverage can increase financial risk, especially in volatile markets.
Ovintiv Inc. has a quick ratio of 0.51 and a current ratio of 0.52, both of which are below 1. This suggests that the company may struggle to meet its short-term liabilities, raising concerns about liquidity.
The stock has experienced significant volatility, with a beta of 2.63, meaning it is more volatile than the market. This can lead to larger price swings, which may deter risk-averse investors.
Despite the recent dividend announcement, the company has previously cut dividends, which can signal financial instability and may lead to uncertainty among investors regarding future payouts.
Ovintiv Inc. has a 52-week trading range with a low of C$49.74 and a high of C$76.63, indicating potential price fluctuations that could impact investment returns.

OVV Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Ovintiv is C$68.00, with a high forecast of C$68.00 and a low forecast of C$68.00.
: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last year. There is currently 1 buy rating and 4 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "strong buy" OVV shares.
: According to analysts, Ovintiv's stock has a predicted upside of 10.41% based on their 12-month stock forecasts.
: Over the previous 90 days, Ovintiv's stock had 1 upgrade by analysts.
: Ovintiv has been rated by research analysts at Scotiabank in the past 90 days.
: Analysts like Ovintiv more than other "energy" companies. The consensus rating for Ovintiv is Strong Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how OVV compares to other companies.

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This page (TSE:OVV) was last updated on 3/24/2025 by MarketBeat.com Staff

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Ovintiv (OVV) Stock Forecast & Price Target