Vista Energy (NYSE:VIST) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of Vista Energy (NYSE:VIST) in a report published on Wednesday morning. The firm issued a buy rating and a $88.00 target price on the stock.

A number of other research firms also recently weighed in on VIST. Zacks Research downgraded Vista Energy from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 24th. JPMorgan Chase & Co. increased their price objective on Vista Energy from $56.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. UBS Group raised shares of Vista Energy from a “neutral” rating to a “buy” rating and raised their target price for the company from $50.00 to $65.00 in a research note on Sunday, January 11th. The Goldman Sachs Group set a $53.20 price target on shares of Vista Energy in a research report on Wednesday, December 17th. Finally, Wall Street Zen raised shares of Vista Energy from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $68.04.

Vista Energy Trading Up 3.2%

Vista Energy stock opened at $55.87 on Wednesday. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 8.22, a P/E/G ratio of 2.30 and a beta of 0.82. The firm has a 50-day moving average of $50.48 and a 200-day moving average of $44.63. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.62 and a quick ratio of 0.61. Vista Energy has a one year low of $31.63 and a one year high of $62.42.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Vista Energy during the third quarter worth $28,499,000. Itau Unibanco Holding S.A. increased its position in Vista Energy by 356.1% during the second quarter. Itau Unibanco Holding S.A. now owns 550,435 shares of the company’s stock worth $26,316,000 after acquiring an additional 429,740 shares during the period. Carrhae Capital LLP acquired a new stake in Vista Energy in the 2nd quarter worth about $19,152,000. Ruffer LLP bought a new stake in Vista Energy in the 4th quarter valued at about $19,227,000. Finally, WCM Investment Management LLC boosted its holdings in Vista Energy by 102.2% in the 2nd quarter. WCM Investment Management LLC now owns 766,219 shares of the company’s stock valued at $36,962,000 after purchasing an additional 387,257 shares during the period. 63.81% of the stock is owned by institutional investors.

Vista Energy Company Profile

Vista Energy (NYSE: VIST) is an independent energy company focused on the exploration, development and production of oil and natural gas resources in Mexico. The company operates through two primary segments: upstream exploration and production, and midstream and specialist services. By integrating both segments, Vista Energy seeks to capture value across the energy value chain, from field operations to the delivery of processed gas to industrial and power-generation customers.

In its upstream segment, Vista Energy holds interests in onshore gas fields in northeastern Mexico and shallow-water properties in the Bay of Campeche.