Nuvista Energy (NVA) Price Target Increased to C$11.50 by Analysts at Desjardins

Nuvista Energy (TSE:NVA) had its target price hoisted by Desjardins from C$10.75 to C$11.50 in a research report issued on Wednesday. Desjardins’ target price suggests a potential upside of 42.68% from the company’s current price.

NVA has been the topic of several other research reports. BMO Capital Markets boosted their price target on Nuvista Energy from C$8.00 to C$9.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 1st. Eight Capital raised Nuvista Energy from a “neutral” rating to a “buy” rating and boosted their price target for the stock from C$9.00 to C$10.25 in a research report on Wednesday, November 1st. National Bank Financial boosted their price target on Nuvista Energy from C$9.25 to C$9.75 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Finally, Royal Bank of Canada lowered their price target on Nuvista Energy from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 1st. Eight research analysts have rated the stock with a buy rating, Nuvista Energy has an average rating of “Buy” and a consensus target price of C$9.53.

Nuvista Energy (TSE:NVA) traded up C$0.23 during trading hours on Wednesday, hitting C$8.06. The company’s stock had a trading volume of 468,954 shares, compared to its average volume of 505,982. The firm has a market cap of $1,430.00, a price-to-earnings ratio of 22.97 and a beta of 0.37. Nuvista Energy has a 52-week low of C$5.33 and a 52-week high of C$9.16.

In other Nuvista Energy news, Director Deborah Susan Stein bought 3,450 shares of Nuvista Energy stock in a transaction dated 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.

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Nuvista Energy Company Profile

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).

Analyst Recommendations for Nuvista Energy (TSE:NVA)

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