Nuvista Energy Ltd (TSE:NVA) reached a new 52-week low on Thursday . The stock traded as low as C$7.23 and last traded at C$7.25, with a volume of 322242 shares. The stock had previously closed at C$7.30.

Several research firms have recently weighed in on NVA. CIBC boosted their target price on shares of Nuvista Energy from C$11.50 to C$12.50 in a research report on Friday, May 18th. Royal Bank of Canada boosted their target price on shares of Nuvista Energy from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 9th. BMO Capital Markets boosted their target price on shares of Nuvista Energy from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 9th. TD Securities boosted their target price on shares of Nuvista Energy from C$9.00 to C$10.50 and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Finally, Morningstar boosted their target price on shares of Nuvista Energy from C$9.50 to C$10.25 in a research report on Wednesday, May 9th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$11.63.

Nuvista Energy Company Profile (TSE:NVA)

NuVista Energy Ltd., an exploration and production company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin in Canada. It primarily focuses on the condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin.

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