NuVista Energy (OTCMKTS:NUVSF) Price Target Raised to C$10.00 at Scotiabank

NuVista Energy (OTCMKTS:NUVSF) had its target price raised by equities research analysts at Scotiabank from C$8.50 to C$10.00 in a report issued on Thursday, The Fly reports.

Several other analysts have also recently weighed in on the company. BMO Capital Markets boosted their price target on NuVista Energy from C$7.50 to C$8.50 and gave the stock a “market perform” rating in a report on Thursday, November 11th. CIBC upped their target price on NuVista Energy from C$5.00 to C$7.50 and gave the company a “neutral” rating in a report on Friday, October 15th. Stifel Nicolaus upped their target price on NuVista Energy from C$6.25 to C$8.25 and gave the company a “buy” rating in a report on Friday, November 12th. Raymond James upped their target price on NuVista Energy from C$7.50 to C$8.00 and gave the company an “outperform” rating in a report on Thursday, November 11th. Finally, upped their target price on NuVista Energy from C$5.75 to C$7.50 and gave the company a “hold” rating in a report on Thursday, November 11th. Seven investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $7.43.

OTCMKTS:NUVSF opened at $6.29 on Thursday. The stock’s 50-day moving average is $5.45 and its 200-day moving average is $4.18. NuVista Energy has a 1-year low of $0.82 and a 1-year high of $6.83.

NuVista Energy Company Profile

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

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Analyst Recommendations for NuVista Energy (OTCMKTS:NUVSF)

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