OMV AG (OTCMKTS:OMVKY) Stock Now Rated “Reduce” by Sell-Side Analysts

Shares of OMV AG (OTCMKTS:OMVKY – Get Free Report) have been given a consensus rating of “Reduce” by the seven research firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company.

A number of research firms have recently issued reports on OMVKY. Zacks Research raised shares of OMV from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. HSBC reissued a “reduce” rating on shares of OMV in a research note on Friday, September 25th. Barclays reissued an “underweight” rating on shares of OMV in a research note on Monday, October 5th. Finally, Royal Bank Of Canada upgraded shares of OMV from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, October 6th.

Read Our Latest Analysis on OMV

OMV Stock Down 2.1%

Shares of OTCMKTS OMVKY opened at $20.12 on Monday. The firm has a market cap of $26.34 billion, a price-to-earnings ratio of 1.81 and a beta of -0.04. The company’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $18.05. The company has a quick ratio of 0.92, a current ratio of 1.22 and a debt-to-equity ratio of 0.27. OMV has a 52-week low of $13.37 and a 52-week high of $21.23.

OMV Company Profile

(Get Free Report)

OMV AG (OTCMKTS:OMVKY) is an Austria-based, integrated energy, fuels and chemicals company. Its operations span the energy value chain, including exploration and production of crude oil and natural gas, natural gas marketing, fuel refining and distribution, and the development of lower-carbon energy solutions.

The company supplies fuels, feedstocks and other energy products to customers in Central and Southeastern Europe and selected international markets. OMV operates refining and retail businesses, including service stations, and has historically maintained upstream activities in countries such as Austria, Romania, Norway and the United Arab Emirates.

Further Reading

Analyst Recommendations for OMV (OTCMKTS:OMVKY)

Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.