OMV: UBS remains a buyer after trading update

(CercleFinance.com) - UBS has reinstated its "buy" rating on the OMV share, maintaining its target price at 60 euros, which suiggests upside potential of 27% for the Austrian oil company.


The broker says "Production close to UBSe but sales impacted by Libyan shutdown, OMV today reported 1Q19 production of 474kboe/d, 1% below UBSe 480kboe/d."


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