NuVista Energy Ltd. (TSE:NVA) had its price target increased by Canaccord Genuity from C$8.00 to C$9.00 in a research note issued to investors on Wednesday. They currently have a buy rating on the stock.
Several other research firms also recently weighed in on NVA. Royal Bank Of Canada increased their price objective on NuVista Energy from C$8.00 to C$9.00 and gave the company an outperform rating in a report on Monday, October 3rd. Raymond James Financial Inc. upped their price target on NuVista Energy from C$8.50 to C$9.00 and gave the stock an outperform rating in a research note on Thursday, August 11th. TD Securities restated a buy rating and set a C$8.50 price target on shares of NuVista Energy in a research note on Thursday, August 11th. FirstEnergy Capital upped their price target on NuVista Energy from C$8.00 to C$8.25 in a research note on Thursday, August 11th. Finally, Scotiabank restated an outperform rating and set a C$8.25 price target on shares of NuVista Energy in a research note on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. NuVista Energy currently has an average rating of Buy and an average target price of C$7.95.
Shares of NuVista Energy (TSE:NVA) opened at 7.63 on Wednesday. The firm’s 50-day moving average is $6.97 and its 200 day moving average is $6.38. The firm’s market cap is $1.20 billion. NuVista Energy has a 52 week low of $2.72 and a 52 week high of $7.80.
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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