OMV (OTCMKTS:OMVKY) Stock Rating Lowered by Goldman Sachs Group

OMV (OTCMKTS:OMVKY) was downgraded by stock analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday, The Fly reports.

Separately, Barclays lowered shares of OMV from an “overweight” rating to an “equal weight” rating in a report on Wednesday, July 31st.

Shares of OMVKY stock opened at $51.12 on Wednesday. The company’s 50 day simple moving average is $49.21. OMV has a 12 month low of $42.39 and a 12 month high of $58.19.

About OMV

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.

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