Stocklytics Platform
Asset logo for symbol OVV
Ovintiv
OVV52
$35.90arrow_drop_up0.57%$0.20
Asset logo for symbol OVV
OVV52

$35.90

arrow_drop_up0.57%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Ovintiv (OVV) Stocklytics Forecast

Ovintiv Inc (OVV) is an energy company that operates in the oil and gas industry. As such, its stock price is influenced by various factors, including supply and demand dynamics, geopolitical events, and market sentiment. While it is challenging to provide an exact stock price prediction for Ovintiv Inc, analysts and experts utilize different methods and models to forecast its future performance.
A common approach to predicting stock prices is through fundamental analysis, which involves evaluating a company's financial health, industry trends, and competitive landscape. By examining Ovintiv Inc's financial statements, market share, and potential growth drivers, analysts can estimate its future earnings and determine a fair value for its stock. However, it's important to note that these predictions are subject to uncertainties and external factors that can impact the energy industry.
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Frequently Asked Questions

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What is the analyst price prediction for Ovintiv (OVV) stock?

Analysts have set a target price of $58.04 for Ovintiv (OVV), based on forecasts from 25 analysts. The predicted price range extends from a high of $70 to a low of $47. This represents a potential increase of up to 94.99% and a decrease of 30.92% from the current price of $35.9. These forecasts are as of 2023 Jul 31.
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What are the analyst ratings for Ovintiv (OVV) stock?

Currently, there are no analyst ratings available for Ovintiv (OVV), possibly due to insufficient coverage or recent updates.
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What is the AI price prediction for Ovintiv (OVV) stock?

At present, there is no AI or machine-learning-based price prediction available for Ovintiv (OVV) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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