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Ovintiv (OVV) Stock Forecast & Price Target

Ovintiv logo
C$55.00 -8.19 (-12.96%)
As of 04/3/2025 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

Sell
0
Hold
0
Buy
6

Based on 6 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 6 analysts, 1 has given a buy rating, and 5 have given a strong buy rating for OVV.

Consensus Price Target

C$68.00
23.64% Upside
According to the 6 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 23.64% from the current price of C$55.00.
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OVV Analyst Ratings Over Time

TypeCurrent Forecast
4/4/24 to 4/4/25
1 Month Ago
3/5/24 to 3/5/25
3 Months Ago
1/5/24 to 1/4/25
1 Year Ago
4/5/23 to 4/4/24
Strong Buy
5 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)
0 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 TargetC$68.00C$68.00C$58.50C$49.00
Forecasted Upside23.64% Upside23.97% Upside-3.11% Downside-33.64% Downside
Consensus Rating
Strong Buy
Strong 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.
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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.
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Ovintiv Stock vs. The Competition

TypeOvintivEnergy Companies
Consensus Rating Score
3.83
2.71
Consensus RatingStrong BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent OVV News
Positive News
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DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/24/2025BMO Capital Markets
4 of 5 stars
P. Jungwirth
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UpgradeHold ➝ Strong-Buy
3/19/2025Scotiabank
5 of 5 stars
K. Fisk
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UpgradeStrong-Buy
10/15/2024Siebert Williams Shank
5 of 5 stars
G. Sorbara
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UpgradeStrong-Buy
7/18/2024Wolfe Research
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D. Leggate
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UpgradeStrong-Buy
7/10/2024Evercore ISI
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S. Richardson
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UpgradeHold ➝ Strong-Buy
4/19/2024National Bankshares
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 Boost TargetOutperformC$59.00 ➝ C$68.00-4.78%
2/29/2024Royal Bank of Canada
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 Boost TargetSector PerformC$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 Friday at 03:06 AM 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 Monday, March 31, 2025. Please send any questions or comments about these Ovintiv pros and cons to contact@marketbeat.com.

Ovintiv
Bull Case

green Wall Street bull icon

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. This provides a yield of approximately 2.06%, offering investors a return on their investment through regular income.
  • The stock price of Ovintiv Inc. is currently C$61.59, reflecting a positive trend in the market. This price is significantly higher than its 52-week low of C$49.74, indicating potential for capital appreciation.
  • Investment analysts have a positive outlook on Ovintiv Inc., with Zacks Research raising their Q1 2025 earnings per share (EPS) estimate to $1.56, up from $1.51. This suggests improving profitability and growth potential.
  • Ovintiv Inc. has a strong market capitalization of C$11.20 billion, which indicates a solid position in the industry and the ability to invest in growth opportunities.
  • The company has received a "strong-buy" rating from multiple analysts, reflecting confidence in its future performance and making it an attractive option for investors looking for growth stocks.

Ovintiv
Bear Case

red Wall Street bear icon

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

  • Despite the positive outlook, Ovintiv Inc. has a high debt-to-equity ratio of 63.59, which indicates that the company relies heavily on debt to finance its operations. This could pose risks, especially in volatile market conditions.
  • The company's current ratio is 0.52, suggesting that it may struggle to meet its short-term liabilities with its current assets. This could raise concerns about liquidity and financial stability.
  • Ovintiv Inc. has experienced fluctuations in its stock price, with a 52-week high of C$76.63. Such volatility can be a red flag for risk-averse investors.
  • The dividend payout ratio is currently 14.85%, which, while sustainable, may limit the company's ability to reinvest profits into growth initiatives.
  • Market conditions for oil and gas can be unpredictable, and any downturn in commodity prices could adversely affect Ovintiv Inc.'s revenue and profitability.

OVV Forecast - Frequently Asked Questions

According to the research reports of 6 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.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ovintiv in the last year. There is currently 1 buy rating and 5 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" OVV shares.

According to analysts, Ovintiv's stock has a predicted upside of 23.64% based on their 12-month stock forecasts.

Over the previous 90 days, Ovintiv's stock had 2 upgrades by analysts.

Ovintiv has been rated by research analysts at BMO Capital Markets, and 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.


This page (TSE:OVV) was last updated on 4/4/2025 by MarketBeat.com Staff
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