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Ovintiv (OVV) Gets a Buy from Jefferies

Tipranks - Mon Jun 15, 7:40AM CDT

Jefferies analyst Lloyd Byrne maintained a Buy rating on Ovintiv today and set a price target of $80.00.

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Byrne covers the Energy sector, focusing on stocks such as Cenovus Energy, Suncor Energy, and Canadian Natural. According to TipRanks, Byrne has an average return of 20.7% and a 59.33% success rate on recommended stocks.

In a report released on June 9, RBC Capital also reiterated a Buy rating on the stock with a $70.00 price target.

Based on Ovintiv’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.53 billion and a GAAP net loss of $630 million. In comparison, last year the company earned a revenue of $2.38 billion and had a GAAP net loss of $159 million

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OVV in relation to earlier this year. Most recently, in March 2026, Meghan Nicole Eilers, the EVP, M&M & GC of OVV sold 11,582.00 shares for a total of $634,461.96.

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