Nuvista Energy Receives “Sector Outperform” Rating from CIBC (NVA)
Nuvista Energy (TSE:NVA)‘s stock had its “sector outperform” rating restated by research analysts at CIBC in a report released on Monday, Analyst Ratings.Net reports. They currently have a C$7.00 price target on the stock. CIBC’s price target would suggest a potential upside of 0.86% from the stock’s previous close.
Nuvista Energy (TSE:NVA) traded down 1.00% during mid-day trading on Monday, hitting $6.94. 169,282 shares of the company’s stock traded hands. Nuvista Energy has a 52-week low of $4.29 and a 52-week high of $8.40. The stock’s 50-day moving average is $7.11 and its 200-day moving average is $7.09. The company’s market cap is $823.8 million.
A number of other firms have also recently commented on NVA. Analysts at Salman Partners raised their price target on shares of Nuvista Energy (TSE:NVA) from C$6.00 to C$7.00 in a research note to investors on Tuesday, September 10th. They now have a “hold” rating on the stock. Analysts at TD Securities upgraded shares of Nuvista Energy (TSE:NVA) from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, August 13th. They now have a C$8.50 price target on the stock.
One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of C$7.89.
NuVista Energy Ltd. (TSE:NVA) is an independent oil and natural gas company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.