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Analysts’ Opinions Are Mixed on These Energy Stocks: Ovintiv (OVV) and Valvoline (VVV)

Analysts have been eager to weigh in on the Energy sector with new ratings on Ovintiv (OVVResearch Report) and Valvoline (VVVResearch Report).

Ovintiv (OVV)

In a report released today, Nicholas Pope from Seaport Global maintained a Buy rating on Ovintiv, with a price target of $61.00. The company’s shares closed last Wednesday at $50.91.

According to TipRanks.com, Pope is a 3-star analyst with an average return of 6.1% and a 48.4% success rate. Pope covers the NA sector, focusing on stocks such as Magnolia Oil & Gas, Civitas Resources, and Chesapeake Energy.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ovintiv with a $60.22 average price target, implying a 17.8% upside from current levels. In a report issued on April 24, Barclays also maintained a Buy rating on the stock with a $69.00 price target.

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

Valvoline (VVV)

Seaport Global analyst Michael Harrison CFA assigned a Hold rating to Valvoline today. The company’s shares closed last Wednesday at $42.19.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 7.8% and a 66.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Valvoline is a Moderate Buy with an average price target of $46.60.

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