tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BlackRock Increases Stake in OMV AG

Story Highlights
BlackRock Increases Stake in OMV AG

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OMV AG ( (DE:OMV) ) just unveiled an update.

OMV AG has announced a change in its major holdings, with BlackRock, Inc. increasing its total holdings to over 4% of voting rights. This adjustment in shareholding reflects a minor increase from the previous notification and indicates BlackRock’s growing influence within OMV AG, potentially impacting the company’s decision-making processes and strategic direction.

The most recent analyst rating on (DE:OMV) stock is a Buy with a EUR46.00 price target. To see the full list of analyst forecasts on OMV AG stock, see the DE:OMV Stock Forecast page.

More about OMV AG

OMV Aktiengesellschaft is a company based in Vienna, Austria, primarily operating in the oil and gas industry. It is involved in the exploration, production, refining, and marketing of oil and gas, as well as the production of petrochemicals.

YTD Price Performance: 36.84%

Average Trading Volume: 426,148

Current Market Cap: €15.06B

For an in-depth examination of OMV stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1