Ovintiv Inc. (NYSE:OVV) Stock Has Consensus Target Price of $70.45 According to Brokerages

Posted by Brian Himes on Oct 22nd, 2026

Shares of Ovintiv Inc. (NYSE:OVV – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-five brokerages that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $71.00.

Several research analysts recently weighed in on OVV shares. Seaport Research Partners began coverage on Ovintiv in a research report on Thursday, September 3rd. They issued a “neutral” rating on the stock. Scotiabank lifted their price objective on Ovintiv from $75.00 to $80.00 and gave the company a “sector outperform” rating in a research note on Monday. Wall Street Zen raised Ovintiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 3rd. Stifel Nicolaus set a $92.00 target price on Ovintiv and gave the stock a “buy” rating in a report on Wednesday, September 9th. Finally, Scotia increased their target price on shares of Ovintiv from $70.00 to $75.00 and gave the stock a “sector outperform” rating in a research report on Friday, October 2nd.

View Our Latest Analysis on OVV

Insider Activity at Ovintiv

In related news, EVP Rachel Moore sold 7,753 shares of Ovintiv stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $63.32, for a total transaction of $490,919.96. Following the transaction, the executive vice president owned 72,530 shares in the company, valued at approximately $4,592,599.60. The trade was a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.85% of the company’s stock.

Institutional Investors Weigh In On Ovintiv

Several institutional investors and hedge funds have recently modified their holdings of OVV. Man Group plc acquired a new stake in Ovintiv during the 2nd quarter valued at $936,000. Bank of America Corp DE acquired a new position in shares of Ovintiv in the second quarter worth about $79,475,000. Corient Private Wealth LP acquired a new position in shares of Ovintiv in the second quarter worth about $9,481,000. PensionDanmark Pensionsforsikringsaktieselskab purchased a new position in Ovintiv in the second quarter valued at about $4,738,000. Finally, Core Capital Management & Research inc. purchased a new position in Ovintiv in the second quarter valued at about $4,716,000. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Ovintiv Trading Down 0.6%

NYSE OVV opened at $69.86 on Thursday. The company has a market cap of $19.25 billion, a P/E ratio of 11.41 and a beta of 0.65. Ovintiv has a 12 month low of $35.47 and a 12 month high of $70.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 1.01. The company has a 50-day moving average of $64.00 and a 200-day moving average of $59.74.

Ovintiv (NYSE:OVV – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.94 by ($0.20). Ovintiv had a return on equity of 14.84% and a net margin of 9.43%. The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.37 billion. As a group, equities analysts predict that Ovintiv will post 7.58 earnings per share for the current year.

About Ovintiv

(Get Free Report)

Ovintiv Inc is an independent energy company engaged in the exploration, development, production and marketing of oil, condensate, natural gas liquids and natural gas. The company’s operations are focused on North America, with production and resource development activities in the United States and Canada.

Ovintiv’s U.S. operations include assets in the Permian Basin of Texas and New Mexico and the Uinta Basin of Utah. In Canada, the company’s portfolio includes the Montney and Horn River natural gas and liquids-rich plays in British Columbia and Alberta.