NuVista Energy (OTCMKTS:NUVSF – Get Rating) had its target price increased by stock analysts at Raymond James from C$15.00 to C$15.50 in a research report issued on Wednesday, The Fly reports.
A number of other equities research analysts have also recently issued reports on NUVSF. Stifel Nicolaus upped their target price on NuVista Energy from C$13.25 to C$15.00 in a research report on Wednesday. National Bank Financial increased their target price on NuVista Energy from C$11.50 to C$14.50 in a research note on Thursday, April 14th. Scotiabank increased their target price on NuVista Energy from C$14.50 to C$15.50 in a research note on Wednesday. CIBC raised their price target on NuVista Energy from C$12.00 to C$14.00 in a research report on Thursday, April 14th. Finally, BMO Capital Markets lifted their target price on NuVista Energy from C$9.50 to C$11.50 in a research report on Thursday, March 10th. Seven investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.70.
Shares of NUVSF stock traded down $0.12 during trading hours on Wednesday, hitting $8.83. 10,215 shares of the company were exchanged, compared to its average volume of 25,145. NuVista Energy has a one year low of $1.99 and a one year high of $9.80. The business’s 50-day simple moving average is $8.48 and its two-hundred day simple moving average is $6.84.
NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It primarily focuses on the condensate rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.
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