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

BNP Paribas upgraded shares of OMV Aktiengesellschaft (OTCMKTS:OMVJF) to a strong-buy rating in a research report released on Wednesday, Zacks.com reports.

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

OMV Aktiengesellschaft Price Performance

Shares of OTCMKTS OMVJF opened at $42.44 on Wednesday. OMV Aktiengesellschaft has a 1-year low of $39.74 and a 1-year high of $52.00. The business has a 50-day moving average of $42.12 and a 200-day moving average of $44.81.

OMV Aktiengesellschaft (OTCMKTS:OMVJF) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.13). OMV Aktiengesellschaft had a net margin of 4.25% and a return on equity of 8.95%. The firm had revenue of $9.41 billion during the quarter. Analysts anticipate that OMV Aktiengesellschaft will post 7.49 EPS 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.