BMO Capital Markets Increases Nuvista Energy Ltd (NVA) Price Target to C$9.00
Nuvista Energy Ltd (TSE:NVA) had its target price hoisted by BMO Capital Markets from C$8.00 to C$9.00 in a report issued on Wednesday morning. BMO Capital Markets currently has a market perform rating on the stock.
NVA has been the topic of a number of other research reports. CSFB raised their price target on Nuvista Energy from C$8.00 to C$9.75 and gave the stock an outperform rating in a report on Wednesday, September 20th. Eight Capital reissued a neutral rating and set a C$9.00 price target on shares of Nuvista Energy in a report on Wednesday, September 27th. TD Securities raised their price target on Nuvista Energy from C$8.00 to C$8.50 and gave the stock a buy rating in a report on Thursday, August 10th. National Bank Financial raised their price target on Nuvista Energy from C$7.75 to C$8.25 and gave the stock an outperform rating in a report on Wednesday, August 9th. Finally, Raymond James Financial, Inc. lowered their price target on Nuvista Energy from C$9.25 to C$8.50 and set an outperform rating on the stock in a report on Wednesday, August 9th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Nuvista Energy has an average rating of Buy and an average target price of C$9.18.
Nuvista Energy (TSE:NVA) opened at C$8.56 on Wednesday. Nuvista Energy has a twelve month low of C$5.33 and a twelve month high of C$8.87.
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In other Nuvista Energy news, Director Keith A.J. Macphail sold 64,500 shares of Nuvista Energy stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of C$6.31, for a total value of C$406,995.00.
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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