National Bank Financial Raises Nuvista Energy Ltd (NVA) Price Target to C$9.75
Nuvista Energy Ltd (TSE:NVA) had its price target increased by National Bank Financial from C$9.25 to C$9.75 in a research report sent to investors on Thursday morning. National Bank Financial currently has an outperform rating on the stock.
Several other research analysts also recently weighed in on NVA. Raymond James Financial, Inc. lowered their target price on Nuvista Energy from C$9.25 to C$8.50 and set an outperform rating on the stock in a research note on Wednesday, August 9th. TD Securities lifted their price target on Nuvista Energy from C$8.00 to C$8.50 and gave the company a buy rating in a research note on Thursday, August 10th. CSFB lifted their price target on Nuvista Energy from C$8.00 to C$9.75 and gave the company an outperform rating in a research note on Wednesday, September 20th. Eight Capital restated a neutral rating and issued a C$9.00 price target on shares of Nuvista Energy in a research note on Wednesday, September 27th. Finally, BMO Capital Markets lifted their price target on Nuvista Energy from C$8.00 to C$9.00 and gave the company a market perform rating in a research note on Wednesday. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of C$9.18.
Nuvista Energy (TSE:NVA) opened at C$8.56 on Thursday. Nuvista Energy has a 12 month low of C$5.33 and a 12 month high of C$8.87.
In other Nuvista Energy news, Director Keith A.J. Macphail sold 64,500 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was 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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