Insider Buying: Nuvista Energy Ltd (NVA) Director Buys 3,450 Shares of Stock
Nuvista Energy Ltd (TSE:NVA) Director Deborah Susan Stein purchased 3,450 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was bought at an average cost of C$8.00 per share, for a total transaction of C$27,600.00.
Shares of Nuvista Energy Ltd (TSE:NVA) traded down C$0.38 during mid-day trading on Wednesday, hitting C$7.74. 499,391 shares of the stock were exchanged, compared to its average volume of 468,929. Nuvista Energy Ltd has a twelve month low of C$5.33 and a twelve month high of C$8.87.
A number of research analysts have weighed in on NVA shares. Raymond James Financial cut their price target on shares of Nuvista Energy from C$9.25 to C$8.50 and set an “outperform” rating on the stock in a research note on Wednesday, August 9th. National Bank Financial boosted their price objective on shares of Nuvista Energy from C$7.75 to C$8.25 and gave the stock an “outperform” rating in a research report on Wednesday, August 9th. TD Securities boosted their price objective on shares of Nuvista Energy from C$8.00 to C$8.50 and gave the stock a “buy” rating in a research report on Thursday, August 10th. CSFB boosted their price objective on shares of Nuvista Energy from C$8.00 to C$9.75 and gave the stock an “outperform” rating in a research report on Wednesday, September 20th. Finally, Eight Capital reissued a “neutral” rating and issued a C$9.00 price objective on shares of Nuvista Energy in a research report on Wednesday, September 27th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$9.18.
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).
Receive News & Ratings for Nuvista Energy Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuvista Energy Ltd and related companies with MarketBeat.com's FREE daily email newsletter.