Ovintiv (OVV) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Ovintiv (NYSE: OVV) in the last few weeks:

• 7/17/2026 – Ovintiv had its price target lowered by Stephens from $71.00 to $68.00. They now have an “equal weight” rating on the stock.
• 7/17/2026 – Ovintiv had its price target lowered by Citigroup Inc. from $70.00 to $66.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Ovintiv had its price target lowered by Truist Financial Corporation from $70.00 to $66.00. They now have a “buy” rating on the stock.
• 7/8/2026 – Ovintiv had its price target raised by National Bank Financial from $82.00 to $83.00. They now have an “outperform” rating on the stock.
• 6/30/2026 – Ovintiv was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/29/2026 – Ovintiv had its price target lowered by Morgan Stanley from $68.00 to $65.00. They now have an “equal weight” rating on the stock.
• 6/25/2026 – Ovintiv was upgraded by Texas Capital to “strong-buy”.
• 6/24/2026 – Ovintiv had its price target raised by Roth Capital from $50.00 to $55.00. They now have a “neutral” rating on the stock.
• 6/22/2026 – Ovintiv was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $80.00 price target on the stock, up from $57.00.
• 6/22/2026 – Ovintiv was given a new $70.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
• 6/22/2026 – Ovintiv was upgraded by Wall Street Zen from “hold” to “buy”.
• 6/15/2026 – Ovintiv was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/14/2026 – Ovintiv was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/9/2026 – Ovintiv was given a new $70.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
• 6/6/2026 – Ovintiv was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/27/2026 – Ovintiv had its price target raised by Mizuho from $69.00 to $75.00. They now have an “outperform” rating on the stock.
• 5/26/2026 – Ovintiv had its price target raised by Barclays PLC from $68.00 to $75.00. They now have an “overweight” rating on the stock.
• 5/20/2026 – Ovintiv was upgraded by Scotiabank from “outperform” to “buy”.
• 5/20/2026 – Ovintiv had its price target raised by Scotiabank from $67.00 to $70.00. They now have a “sector outperform” rating on the stock.

Ovintiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, June 15th. Ovintiv’s payout ratio is presently 38.71%.

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.