BMO Capital Markets upgraded shares of Nuvista Energy (TSE:NVA) from a market perform rating to an outperform rating in a report published on Thursday. BMO Capital Markets currently has C$9.50 price objective on the stock.
NVA has been the subject of a number of other reports. Eight Capital reissued a neutral rating and set a C$9.00 target price on shares of Nuvista Energy in a research note on Wednesday, September 27th. National Bank Financial increased their target price on Nuvista Energy from C$9.25 to C$9.75 and gave the stock an outperform rating in a research note on Thursday, November 2nd. Royal Bank of Canada lowered their target price on Nuvista Energy from C$10.00 to C$9.00 and set an outperform rating for the company in a research note on Wednesday, November 1st. Finally, CSFB increased their target price on Nuvista Energy from C$8.00 to C$9.75 and gave the stock an outperform rating in a research note on Wednesday, September 20th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Nuvista Energy presently has an average rating of Buy and an average price target of C$9.11.
Shares of Nuvista Energy (TSE NVA) opened at C$8.55 on Thursday. The firm has a market cap of $1,490.00, a P/E ratio of 24.43 and a beta of 0.19. Nuvista Energy has a 52-week low of C$5.33 and a 52-week high of C$8.87.
In other Nuvista Energy news, Director Deborah Susan Stein bought 3,450 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was acquired at an average cost of C$8.00 per share, with a total value of C$27,600.00.
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Nuvista Energy Company Profile
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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