Nuvista Energy Ltd (TSE:NVA) had its price objective hoisted by National Bank Financial from C$9.25 to C$9.75 in a report released on Thursday, November 2nd. The firm currently has an outperform rating on the stock.
NVA has been the subject of a number of other reports. BMO Capital Markets increased their price objective on Nuvista Energy from C$8.00 to C$9.00 and gave the company a market perform rating in a report on Wednesday, November 1st. Eight Capital reaffirmed a neutral rating and set a C$9.00 price target on shares of Nuvista Energy in a research report on Wednesday, September 27th. Raymond James Financial, Inc. 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 report on Wednesday, August 9th. Royal Bank Of Canada cut their price target on shares of 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. Finally, CSFB upped their price target on shares of Nuvista Energy from C$8.00 to C$9.75 and gave the company an outperform rating in a research report on Wednesday, September 20th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Nuvista Energy currently has a consensus rating of Buy and an average target price of C$9.18.
Nuvista Energy (TSE NVA) traded down C$0.11 during midday trading on Thursday, reaching C$7.91. The company had a trading volume of 398,041 shares, compared to its average volume of 476,748. Nuvista Energy has a 1-year low of C$5.33 and a 1-year high of C$8.87.
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In related news, Director Keith A.J. Macphail sold 64,500 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of C$6.31, for a total value of C$406,995.00.
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).
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