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RBC Capital Sticks to Its Buy Rating for Ovintiv (OVV)

Tipranks - Thu Feb 5, 6:42AM CST

RBC Capital analyst Gregory Pardy maintained a Buy rating on Ovintiv yesterday and set a price target of $55.00. The company’s shares closed yesterday at $44.11.

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Pardy covers the Energy sector, focusing on stocks such as Cenovus Energy, Suncor Energy, and Canadian Natural. According to TipRanks, Pardy has an average return of 20.8% and a 63.70% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ovintiv with a $51.13 average price target, representing a 15.91% upside. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $58.00 price target.

Based on Ovintiv’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.02 billion and a net profit of $148 million. In comparison, last year the company earned a revenue of $2.32 billion and had a net profit of $507 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 December 2025, Gregory Dean Givens, the EVP & COO of OVV sold 50,000.00 shares for a total of $2,016,500.00.

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