OMV Aktiengesellschaft (OTCMKTS:OMVJF) Raised to “Strong-Buy” at BNP Paribas

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was upgraded by BNP Paribas to a “strong-buy” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Separately, UBS Group raised OMV Aktiengesellschaft to a “hold” rating in a research note on Thursday, August 1st.

OMV Aktiengesellschaft Price Performance

OMV Aktiengesellschaft stock opened at $42.44 on Wednesday. OMV Aktiengesellschaft has a one year low of $39.74 and a one year high of $52.00. The business has a fifty day moving average of $42.11 and a two-hundred day moving average of $44.82.

OMV Aktiengesellschaft (OTCMKTS:OMVJF) last released its earnings results on Wednesday, July 31st. The company reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.13). The business had revenue of $9.41 billion during the quarter. OMV Aktiengesellschaft had a net margin of 4.25% and a return on equity of 8.95%. On average, analysts expect that OMV Aktiengesellschaft will post 7.49 earnings per share for the current fiscal year.

About OMV Aktiengesellschaft

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.