OMV AG (OTCMKTS:OMVKY) Given Consensus Recommendation of “Hold” by Analysts

Shares of OMV AG (OTCMKTS:OMVKY) have been given an average recommendation of “Hold” by the five research firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have issued reports on OMVKY shares. Erste Group Bank upgraded OMV to a “hold” rating in a research note on Monday, September 22nd. Royal Bank Of Canada initiated coverage on shares of OMV in a report on Wednesday, September 24th. They issued a “sector perform” rating on the stock. Berenberg Bank downgraded shares of OMV from a “strong-buy” rating to a “hold” rating in a report on Monday, November 17th. Barclays reiterated an “underweight” rating on shares of OMV in a research note on Friday. Finally, Zacks Research upgraded shares of OMV from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 11th.

OMV Trading Up 0.2%

OTCMKTS:OMVKY opened at $13.85 on Friday. OMV has a 52 week low of $9.42 and a 52 week high of $14.46. The firm has a 50-day moving average price of $13.63 and a two-hundred day moving average price of $13.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.30 and a current ratio of 1.65. The firm has a market cap of $18.13 billion, a price-to-earnings ratio of 3.28 and a beta of 0.05.

OMV (OTCMKTS:OMVKY) last released its earnings results on Wednesday, October 29th. The company reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $1.75. The company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $8.06 billion. OMV had a return on equity of 8.25% and a net margin of 4.57%. On average, equities analysts expect that OMV will post 1.64 earnings per share for the current fiscal year.

About OMV

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.