UBS Group Reiterates Neutral Rating for Vista Energy (NYSE:VIST)

Vista Energy (NYSE:VIST - Get Free Report)'s stock had its "neutral" rating reissued by research analysts at UBS Group in a research report issued to clients and investors on Friday, Marketbeat reports. They presently have a $64.00 price target on the stock, up from their previous price target of $60.00. UBS Group's target price suggests a potential upside of 18.15% from the company's previous close.

Separately, Bank of America reduced their target price on Vista Energy from $70.00 to $68.00 and set a "buy" rating for the company in a report on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Vista Energy has an average rating of "Moderate Buy" and an average target price of $60.60.

Vista Energy Stock Performance

VIST stock traded down $1.73 during midday trading on Friday, reaching $54.17. 1,214,014 shares of the company's stock traded hands, compared to its average volume of 1,273,107. The firm has a market capitalization of $5.16 billion, a PE ratio of 10.50, a price-to-earnings-growth ratio of 0.92 and a beta of 1.75. The company has a 50-day moving average price of $53.02 and a two-hundred day moving average price of $49.01. Vista Energy has a 52 week low of $28.82 and a 52 week high of $59.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

Hedge Funds Weigh In On Vista Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in shares of Vista Energy by 332.4% in the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company's stock valued at $116,000 after purchasing an additional 1,642 shares in the last quarter. TT International Asset Management LTD boosted its holdings in Vista Energy by 2.3% during the 3rd quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company's stock valued at $85,435,000 after acquiring an additional 43,664 shares during the period. Geode Capital Management LLC boosted its holdings in Vista Energy by 11.4% during the 3rd quarter. Geode Capital Management LLC now owns 14,003 shares of the company's stock valued at $619,000 after acquiring an additional 1,437 shares during the period. State Street Corp increased its stake in Vista Energy by 53.9% in the 3rd quarter. State Street Corp now owns 100,965 shares of the company's stock worth $4,461,000 after purchasing an additional 35,342 shares during the period. Finally, Itau Unibanco Holding S.A. lifted its position in Vista Energy by 204.1% in the third quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company's stock valued at $2,916,000 after purchasing an additional 44,300 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company's stock.

About Vista Energy

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.