OMV Aktiengesellschaft (OTCMKTS:OMVJF) Upgraded to “Strong-Buy” by BNP Paribas

BNP Paribas upgraded shares of OMV Aktiengesellschaft (OTCMKTS:OMVJF) to a strong-buy rating in a research report sent to investors on Wednesday morning, 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 Stock Down 1.7 %

OMVJF opened at $42.44 on Wednesday. The firm’s fifty day simple moving average is $42.11 and its two-hundred day simple moving average is $44.82. OMV Aktiengesellschaft has a 52-week low of $39.74 and a 52-week high of $52.00.

OMV Aktiengesellschaft (OTCMKTS:OMVJF) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $1.63 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.13). The firm 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%. Equities research analysts expect that OMV Aktiengesellschaft will post 7.49 EPS for the current year.

OMV Aktiengesellschaft Company Profile

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.