UBS Boosts Ovintiv Price Target to $52, Maintains Buy Rating

UBS analyst Josh Silverstein raised the price target for Ovintiv (OVV) from $51.00 to $52.00 USD, maintaining a Buy rating. This update reflects a positive sentiment towards Ovintiv's performance in the market. Analysts have issued varied updates in recent weeks, with some downgrading and upgrading ratings, and adjusting price targets. Ovintiv is a North American oil and natural gas exploration and production company.

On July 2, 2025, UBS analyst Josh Silverstein updated his financial outlook for Ovintiv (OVV), raising the price target from $51.00 to $52.00 USD while maintaining a Buy rating [1]. This update reflects a positive sentiment toward Ovintiv's performance in the market.

In recent weeks, analysts have issued varied updates, with some downgrading and upgrading ratings, and adjusting price targets. For instance, Morgan Stanley downgraded Ovintiv from Overweight to Equal-Weight, lowering the price target from $52.00 to $48.00 USD on August 18, 2025 [1]. Conversely, Goldman Sachs upgraded Ovintiv from Neutral to Buy, raising the price target from $47.00 to $51.00 USD on July 1, 2025 [1]. These fluctuations highlight the diverse opinions among analysts regarding Ovintiv's prospects.

Ovintiv Inc. is a North American oil and natural gas exploration and production company, focused on developing its multi-basin portfolio of high-quality assets in the United States and Canada. The company operates through two main segments: USA Operations and Canadian Operations. Its recent quarterly earnings report showed an EPS of $1.02, missing analysts' consensus estimates by ($0.02) [2].

Analysts forecast an average target price of $54.92 for Ovintiv, with a high estimate of $67.00 and a low estimate of $42.00 [1]. The consensus recommendation from 24 brokerage firms is currently 2.0, indicating an "Outperform" status [1]. Ovintiv's dividend announcement of $0.30 per share, with an annualized yield of 3.0%, further adds to its appeal for income-focused investors [2].

Institutional investors have also shown interest in Ovintiv. LPL Financial LLC, for example, increased its holdings by 13.3% in the first quarter, owning 101,389 shares of the company's stock [2]. Other institutional investors, such as Dimensional Fund Advisors LP and AQR Capital Management LLC, have also significantly increased their stakes in Ovintiv [2].

Ovintiv's stock has seen a 0.9% increase since its opening at $39.87 on Friday, with a 1-year low of $29.80 and a 1-year high of $47.18 [2]. The company's financial ratios, including a current ratio of 0.43, a quick ratio of 0.43, and a debt-to-equity ratio of 0.42, suggest a relatively stable financial position [2].

References:
[1] https://www.gurufocus.com/news/3071686/ubs-raises-price-target-for-ovintiv-ovv-amidst-stable-buy-rating-ovv-stock-news
[2] https://www.marketbeat.com/instant-alerts/filing-lpl-financial-llc-grows-position-in-ovintiv-inc-nyseovv-2025-08-15/