NuVista Energy Ltd. (TSE:NVA - Get Free Report) has received an average rating of "Buy" from the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$16.08.
A number of research firms recently commented on NVA. TD Securities dropped their price target on shares of NuVista Energy from C$17.00 to C$16.00 in a research note on Tuesday, October 1st. National Bank Financial upgraded NuVista Energy from a "hold" rating to a "strong-buy" rating in a report on Friday, November 8th. National Bankshares upgraded NuVista Energy from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from C$14.50 to C$16.00 in a report on Monday, November 11th. Jefferies Financial Group reduced their target price on NuVista Energy from C$17.00 to C$14.00 and set a "buy" rating on the stock in a research note on Monday, September 16th. Finally, BMO Capital Markets boosted their target price on shares of NuVista Energy from C$18.00 to C$19.00 in a research note on Friday.
Check Out Our Latest Stock Report on NVA
Insider Transactions at NuVista Energy
In other news, Senior Officer Michael Lawford sold 10,116 shares of the stock in a transaction dated Monday, October 7th. The shares were sold at an average price of C$11.61, for a total transaction of C$117,446.76. Also, Senior Officer Jonathan Andrew Wright sold 37,437 shares of NuVista Energy stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$13.45, for a total value of C$503,527.65. Insiders have sold 130,121 shares of company stock worth $1,696,927 over the last quarter. 20.25% of the stock is currently owned by insiders.
NuVista Energy Trading Down 0.4 %
NVA traded down C$0.06 during trading on Friday, reaching C$13.44. The company had a trading volume of 1,085,549 shares, compared to its average volume of 630,475. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03. The business has a 50 day simple moving average of C$12.16 and a 200-day simple moving average of C$12.74. The stock has a market cap of C$2.77 billion, a P/E ratio of 8.35, a PEG ratio of 0.59 and a beta of 2.57. NuVista Energy has a 52 week low of C$9.59 and a 52 week high of C$14.86.
About NuVista Energy
(
Get Free ReportNuVista 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.
Further Reading
Before you consider NuVista Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuVista Energy wasn't on the list.
While NuVista Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
