Royal Bank Of Canada Trims Nuvista Energy Ltd (NVA) Target Price to C$9.00
Nuvista Energy Ltd (TSE:NVA) had its price target reduced by Royal Bank Of Canada from C$10.00 to C$9.00 in a research report released on Wednesday. Royal Bank Of Canada currently has an outperform rating on the stock.
NVA has been the subject of several other research reports. BMO Capital Markets lifted their price objective 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. Eight Capital reissued a neutral rating and set a C$9.00 price objective on shares of Nuvista Energy in a research note on Wednesday, September 27th. Raymond James Financial, Inc. dropped their price objective on Nuvista Energy from C$9.25 to C$8.50 and set an outperform rating for the company in a research note on Wednesday, August 9th. National Bank Financial lifted their price objective on Nuvista Energy from C$7.75 to C$8.25 and gave the company an outperform rating in a research note on Wednesday, August 9th. Finally, CSFB lifted their price objective 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. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Nuvista Energy has a consensus rating of Buy and an average target price of C$9.18.
Shares of Nuvista Energy (NVA) opened at C$8.56 on Wednesday.
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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 dated 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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