NuVista Energy Ltd. (TSE:NVA) Receives C$17.82 Consensus PT from Analysts

NuVista Energy Ltd. (TSE:NVA) has been assigned a consensus rating of “Hold” from the eight analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$17.82.

Separately, Scotiabank boosted their price objective on NuVista Energy from C$18.00 to C$18.50 and gave the company a “sector perform” rating in a research note on Wednesday, January 21st.

NuVista Energy Stock Performance

Shares of NVA opened at C$19.04 on Friday. The firm has a market cap of C$3.69 billion, a PE ratio of 11.83, a PEG ratio of 0.59 and a beta of 0.24. The stock’s fifty day moving average price is C$18.97 and its two-hundred day moving average price is C$17.99. The company has a debt-to-equity ratio of 17.21, a current ratio of 0.81 and a quick ratio of 0.78. NuVista Energy has a 1 year low of C$10.44 and a 1 year high of C$19.08.

NuVista Energy Company Profile

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista.