Several other analysts have also issued reports on NVA. National Bank Financial raised their price target on shares of Nuvista Energy from C$7.75 to C$8.25 and gave the stock an outperform rating in a research report on Wednesday, August 9th. TD Securities raised their price target on shares of Nuvista Energy from C$8.00 to C$8.50 and gave the stock a buy rating in a research report on Thursday, August 10th. Raymond James Financial, Inc. decreased their price target on shares of Nuvista Energy from C$9.25 to C$8.50 and set an outperform rating on the stock in a research report on Wednesday, August 9th. Finally, BMO Capital Markets raised their price target on shares of Nuvista Energy from C$6.50 to C$7.00 and gave the stock a market perform rating in a research report on Monday, June 5th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Nuvista Energy presently has an average rating of Buy and an average target price of C$8.68.
Nuvista Energy (TSE NVA) opened at 7.83 on Wednesday. The company has a market cap of $1.36 billion and a PE ratio of 19.57. The stock’s 50 day moving average is $6.55 and its 200 day moving average is $6.46. Nuvista Energy has a 12 month low of $5.33 and a 12 month high of $7.94.
In other news, Director Keith A.J. Macphail sold 64,500 shares of Nuvista Energy stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of C$6.31, for a total transaction of C$406,995.00.
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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