Ovintiv (OVV) Price Targets - Aug 18

[dan_s]

Here are the most recent analysts' price targets submitted to TipRanks:

UBS 8/17/2023 $62.00 BUY

Mizuho Sec 8/16/2023 $65.00 BUY

TD Cowen 8/2/2023 $58.00 BUY

Truist Fin 7/31/2023 $54.00 BUY

RBC Cap 7/31/2023 $47.00 HOLD

My current valuation of $65.00 is based on 4.5 X annualized operating cash flow.

I have been following Ovintiv for over 20 years and I have a HIGH level of confidence in my forecast model. Ovintiv used to be EnCana.