Ovintiv Upgraded to Outperform at RBC

MT Newswires Live

Oct 15, 2025

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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