OMV Aktiengesellschaft (OTCMKTS:OMVKY) Upgraded by Berenberg Bank to Strong-Buy Rating

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was upgraded by equities research analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

OMV Aktiengesellschaft Stock Down 0.6 %

OMV Aktiengesellschaft stock opened at $12.44 on Tuesday. The company has a market capitalization of $16.29 billion, a PE ratio of 5.00, a price-to-earnings-growth ratio of 0.80 and a beta of 0.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.71. OMV Aktiengesellschaft has a fifty-two week low of $9.42 and a fifty-two week high of $13.17. The firm has a 50 day moving average price of $10.69 and a 200 day moving average price of $10.40.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. Research analysts expect that OMV Aktiengesellschaft will post 1.64 earnings per share 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.