Stock Rating Downgrade
The Value Trend Rating for Ovintiv Inc (NYSE: OVV) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Ovintiv Inc (NYSE: OVV) stock closed at $42.22 on 3/28/25 after a decline of -2.5%. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Ovintiv has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ovintiv has a good Appreciation Score of 71 but a neutral Power Rating of 49, producing the High Neutral Value Trend Rating.
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