Tudor Pickering Stick to Their Buy Rating for Ovintiv By Investing.com – Investing.com

SectorOil & Gas

Tudor Pickering analyst Jeoffrey Lambujon maintained a Buy rating on Ovintiv (NYSE:) on Thursday, setting a price target of C$37, which is approximately 1.36% below the present share price of $30.95.

Lambujon expects Ovintiv to post earnings per share (EPS) of $1.19 for the second quarter of 2021.

The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Ovintiv, with an average price target of $30.8.
The analysts price targets range from a high of $37 to a low of $24.75.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.84 billion and a net profit of $195 million. The company’s market cap is $8.08 billion.

According to TipRanks.com, Tudor Pickering analyst Jeoffrey Lambujon is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 18.0% and a 50.00% success rate.

Ovintiv, Inc. produces and develops multi-basin portfolio of oil, liquids and natural gas producing plays....read more...