Ovintiv Upgraded to Outperform at RBC

MT Newswires Live

2025/10/15

Ovintiv Inc. (OVV.TO, OVV) was upgraded to Outperform from Sector Perform at RBC Capital Markets on Wednesday.

Analyst Greg Pardy maintained a price target of US$55 on the stock following an update with the Denver-based petroleum company.

"In our eyes, the depth of Ovintiv's position in the Montney affords energy investors an attractive/inexpensive avenue to gain sizeable exposure to an emerging oil/condensate resource play north of the border," Pardy said in a note to clients.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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