Goldman Sachs Group cut shares of OMV (OTCMKTS:OMVKY) from a buy rating to a neutral rating in a research note released on Wednesday morning, The Fly reports.

Separately, Barclays lowered OMV from an overweight rating to an equal weight rating in a report on Wednesday, July 31st.

Shares of OMV stock opened at $48.85 on Wednesday. The stock’s 50-day moving average is $49.22 and its 200-day moving average is $50.94. OMV has a one year low of $42.39 and a one year high of $58.19.

OMV Company Profile

OMV Aktiengesellschaft operates as an integrated oil and gas company. It operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Romania and Black Sea, Austria, North Sea, Australasia, Russia, the Middle East, and Africa.

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