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Analysts Conflicted on These Energy Names: Gibson Energy (OtherGBNXF) and Ovintiv (OVV)

Tipranks - Wed Jul 29, 7:50AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Gibson Energy (GBNXF) and Ovintiv (OVV).

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Gibson Energy (GBNXF)

BMO Capital analyst Benjamin Pham maintained a Hold rating on Gibson Energy today and set a price target of C$32.00. The company’s shares closed last Monday at $21.58.

According to TipRanks.com, Pham is a 5-star analyst with an average return of 10.6% and a 69.6% success rate. Pham covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, Northland Power, and TransAlta. ;'>

Currently, the analyst consensus on Gibson Energy is a Hold with an average price target of $22.03, which is a 1.1% upside from current levels. In a report issued on July 21, Scotiabank also maintained a Hold rating on the stock with a C$31.00 price target.

See today’s best-performing stocks on TipRanks >>

Ovintiv (OVV)

UBS analyst Josh Silverstein assigned a Buy rating to Ovintiv today and set a price target of $74.00. The company’s shares closed last Monday at $60.08.

According to TipRanks.com, Silverstein is a 5-star analyst with an average return of 10.3% and a 60.4% success rate. Silverstein covers the NA sector, focusing on stocks such as National Energy Services Reunited, California Resources Corp, and Occidental Petroleum. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ovintiv with a $71.56 average price target, implying a 15.2% upside from current levels. In a report issued on July 24, TipRanks – OpenAI also upgraded the stock to Buy with a $67.00 price target.

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