NuVista Energy Ltd. (TSE:NVA) had its price objective increased by Canaccord Genuity from C$8.00 to C$9.00 in a research report released on Wednesday morning. They currently have a buy rating on the stock.
A number of other research analysts have also commented on the company. Royal Bank Of Canada upped their price target on NuVista Energy from C$8.00 to C$9.00 and gave the stock an outperform rating in a report on Monday, October 3rd. TD Securities restated a buy rating and set a C$8.00 price objective on shares of NuVista Energy in a research report on Monday, June 20th. Raymond James Financial Inc. boosted their price objective on NuVista Energy from C$8.50 to C$9.00 and gave the company an outperform rating in a research report on Thursday, August 11th. Scotiabank restated an outperform rating and set a C$8.25 price objective on shares of NuVista Energy in a research report on Wednesday, August 10th. Finally, Desjardins restated a buy rating and set a C$8.00 price objective on shares of NuVista Energy in a research report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of C$7.95.
Shares of NuVista Energy (TSE:NVA) opened at 7.48 on Wednesday. NuVista Energy has a 52 week low of $2.72 and a 52 week high of $7.64. The company’s 50 day moving average is $6.93 and its 200-day moving average is $6.32. The company’s market capitalization is $1.17 billion.
About NuVista Energy
NuVista Energy Ltd. (NuVista) is an exploration and production company, which is engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The Company’s primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney).
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