Separately, Goldman Sachs Group cut OMV from a “buy” rating to a “neutral” rating in a research note on Wednesday, August 14th.
Shares of OMV stock opened at $56.70 on Friday. The stock’s fifty day simple moving average is $58.18 and its 200 day simple moving average is $52.17. OMV has a 12 month low of $42.39 and a 12 month high of $60.60.
OMV Aktiengesellschaft operates as an integrated oil and gas company. It operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Romania and Black Sea, Austria, North Sea, Australasia, Russia, the Middle East, and Africa.
Further Reading: What is cost of equity?
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.