OMV AG (OTCMKTS:OMVKY – Get Free Report) has been assigned an average recommendation of “Reduce” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company.
A number of equities analysts have recently issued reports on OMVKY shares. Royal Bank Of Canada raised OMV from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, October 6th. Zacks Research raised OMV from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. HSBC reiterated a “reduce” rating on shares of OMV in a research report on Friday, September 25th. Finally, Barclays reissued an “underweight” rating on shares of OMV in a report on Monday, October 5th.
View Our Latest Stock Report on OMVKY
OMV Price Performance
OMV Company Profile
OMV AG is an Austria-based, integrated energy, fuels and chemicals company headquartered in Vienna. Founded in 1956 as Österreichische Mineralölverwaltung, the company has developed from a national oil business into an international energy group serving customers across Europe and selected markets in the Middle East and North Africa.
OMV’s activities include the exploration and production of crude oil and natural gas, natural gas marketing and trading, refining, and the production and distribution of fuels and other energy products.
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