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NuVista Energy (TSE:NVA) was upgraded by investment analysts at Cormark from a “market perform” rating to a “buy” rating in a note issued to investors on Thursday.

NuVista Energy (TSE:NVA) traded down 1.28% on Thursday, hitting $10.01. The stock had a trading volume of 754,278 shares. NuVista Energy has a 52-week low of $6.11 and a 52-week high of $12.47. The stock’s 50-day moving average is $10.96 and its 200-day moving average is $10.25. The company’s market cap is $1.356 billion.

NuVista Energy (TSE:NVA) last issued its quarterly earnings data on Thursday, August 14th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.01 by $0.05. Analysts expect that NuVista Energy will post $0.17 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on NVA. Analysts at FirstEnergy Capital cut their price target on shares of NuVista Energy from C$14.50 to C$13.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at CIBC raised their price target on shares of NuVista Energy from C$13.75 to C$14.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of NuVista Energy from C$13.00 to C$17.00 in a research note on Monday, June 9th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of C$12.03.

NuVista Energy Ltd. (TSE:NVA) is an independent oil and natural gas company.

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