NuVista Energy Given Consensus Recommendation of “Buy” by Brokerages (TSE:NVA)
NuVista Energy (TSE:NVA) has received an average rating of “Buy” from the eleven brokerages that are presently covering the company, Stock Ratings Network.com reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$12.23.
NuVista Energy (TSE:NVA) traded up 1.06% during mid-day trading on Wednesday, hitting $11.40. The stock had a trading volume of 49,201 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 $10.63 and its 200-day moving average is $10.53. The company’s market cap is $1.549 billion.
NuVista Energy (TSE:NVA) last released its earnings data on Thursday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.05. On average, analysts predict that NuVista Energy will post $-0.03 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Raymond James raised their price target on shares of NuVista Energy from C$13.75 to C$15.25 in a research note on Tuesday, August 26th. Separately, analysts at Cormark upgraded shares of NuVista Energy from a “market perform” rating to a “buy” rating in a research note on Thursday, August 14th. Finally, 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, August 14th. They now have an “outperform” rating on the stock.
NuVista Energy Ltd. (TSE:NVA) is an independent oil and natural gas company.
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