OMV Aktiengesellschaft (OTCMKTS:OMVKY) Earns Overweight Rating from Morgan Stanley

Morgan Stanley reaffirmed their overweight rating on shares of OMV Aktiengesellschaft (OTCMKTS:OMVKY) in a report issued on Monday morning, The Fly reports.

Several other research firms have also commented on OMVKY. Societe Generale reissued a buy rating on shares of OMV Aktiengesellschaft in a research note on Tuesday, June 1st. JPMorgan Chase & Co. reissued an overweight rating on shares of OMV Aktiengesellschaft in a research note on Tuesday, July 6th. Deutsche Bank Aktiengesellschaft restated a buy rating on shares of OMV Aktiengesellschaft in a research report on Thursday, May 6th. Finally, Barclays restated an equal weight rating on shares of OMV Aktiengesellschaft in a research report on Friday, July 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy.

OMVKY stock opened at $55.41 on Monday. OMV Aktiengesellschaft has a 12 month low of $21.90 and a 12 month high of $64.00. The company’s 50 day simple moving average is $57.83.

The company also recently declared a dividend, which was paid on Friday, June 18th. Investors of record on Monday, June 14th were given a $2.262 dividend. The ex-dividend date of this dividend was Friday, June 11th. This represents a dividend yield of 3.77%.

OMV Aktiengesellschaft Company Profile

OMV Aktiengesellschaft operates as an integrated oil, gas, and chemical company in Austria and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Central and Eastern Europe, the Middle East and Africa, the North Sea, Russia, and the Asia-Pacific.

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Analyst Recommendations for OMV Aktiengesellschaft (OTCMKTS:OMVKY)

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