Summary: Wells Fargo and RBC Capital analysts maintained Hold ratings on Ovintiv with price targets, while UBS maintained a Buy rating on the stock. Ovintiv reported a decrease in quarterly revenue and net profit compared to the previous year. Insider sentiment on the stock is negative.
Full articleSummary: Investment analysts at Capital One Financial cut their Q3 2024 earnings per share (EPS) estimates for Ovintiv. Ovintiv stock opened down 1.4%. The company had a previous reported earnings surprise in the last quarter, beating estimates by $0.41 per share. Ovintiv also announced a quarterly dividend.
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