NuVista Energy (TSE:NVA) PT increased to C$15.00

NuVista Energy (TSE:NVA – Get a Free Report) The price target was raised by equity researchers at National Bankshares from C$14.00 to C$15.00 in a research note issued on Friday, BayStreet.CA reported. The brokerage currently has a ‘sector perform’ rating on the stock. National Bankshares’ price target indicates a potential upside of 21.56% from the stock’s current price.

Several other stock analysts also recently commented on the company. Desjardins lowered his price target on NuVista Energy from $15.00 to $14.75 and set a “buy” rating on the stock in a research report on Friday, March 22. Jefferies Financial Group set a $13.00 target price for NuVista Energy and gave the company a “buy” rating in a research report on Tuesday, February 27. Stifel Nicolaus raised their target price on NuVista Energy from C$14.25 to C$14.50 in a research report on Monday, March 4. Raymond James lowered their price target on NuVista Energy from $18.00 to $14.50 and gave the stock an “outperform” rating in a research report on Friday, January 19th. Finally, CIBC raised their price target on NuVista Energy from C$15.00 to C$15.50 and gave the stock an “outperform” rating in a research report on Friday, March 1. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of ‘Moderate Buy’ and a consensus target price of $14.92.

Check out our latest analysis on NuVista Energy

NuVista energy price performance

NuVista Energy shares opened at C$12.34 on Friday. NuVista Energy has a 12-month low of $9.59 and a 12-month high of $13.72. The 50-day moving average is €11.62 and the 200-day moving average is €11.69. The company has a current ratio of 1.04, a quick ratio of 0.78 and a debt-to-equity ratio of 14.42. The company has a market capitalization of C$2.56 billion, a price-to-earnings ratio of 7.48, a PEG ratio of 0.59 and a beta of 2.85.

NuVista Energy (TSE:NVA – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported C$0.41 earnings per share for the quarter, missing the consensus estimate of C$0.49 by C$0.08. NuVista Energy had a net margin of 29.12% and a return on equity of 18.16%. The company had revenue of C$365.50 million during the quarter, compared to analyst estimates of C$364.00 million. Equities research analysts expect NuVista Energy to post 1.5681818 earnings per share for the current year.

Buying and selling with insider information

In other NuVista Energy news, insider sold Paramount Resources Ltd. 6,000,000 shares of the company in a transaction on Thursday, April 11. The shares were sold at an average price of C$12.50, for a total value of C$75,000,000.00. 22.89% of the shares are currently owned by company insiders.

NuVista Energy Company Profile

(Get a free report)

NuVista Energy Ltd. together with its subsidiary, is engaged in the exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation and production of condensate, natural gas liquids and natural gas reserves.

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