Shares of NuVista Energy Ltd. (TSE:NVA – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the nine research firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$16.23.
Several equities analysts recently weighed in on NVA shares. BMO Capital Markets increased their target price on NuVista Energy from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 26th. Scotiabank increased their target price on NuVista Energy from C$15.00 to C$16.00 in a research report on Friday, July 12th. Jefferies Financial Group increased their target price on NuVista Energy from C$15.00 to C$17.00 and gave the stock a “buy” rating in a research report on Monday, July 15th. CIBC increased their target price on NuVista Energy from C$16.50 to C$20.00 in a research report on Monday, July 15th. Finally, TD Securities increased their target price on NuVista Energy from C$15.00 to C$17.00 and gave the stock a “buy” rating in a research report on Friday, June 14th.
Check Out Our Latest Analysis on NVA
Insider Transactions at NuVista Energy
NuVista Energy Stock Down 2.3 %
Shares of TSE:NVA opened at C$11.43 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 15.03. NuVista Energy has a 52-week low of C$9.59 and a 52-week high of C$14.86. The stock’s fifty day simple moving average is C$13.20 and its 200-day simple moving average is C$12.78. The company has a market capitalization of C$2.36 billion, a P/E ratio of 7.10, a P/E/G ratio of 0.59 and a beta of 2.61.
NuVista Energy (TSE:NVA – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.35 by C$0.18. NuVista Energy had a return on equity of 16.18% and a net margin of 28.29%. The business had revenue of C$323.35 million for the quarter, compared to the consensus estimate of C$312.00 million. As a group, equities research analysts forecast that NuVista Energy will post 1.1321462 earnings per share for the current fiscal year.
NuVista Energy Company Profile
NuVista Energy Ltd., together with its subsidiary, engages 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.
Featured Stories
- Five stocks we like better than NuVista Energy
- Top Stocks Investing in 5G Technology
- Why Block’s Key Components Make It a Solid Investment Choice
- Which Wall Street Analysts are the Most Accurate?
- Is Applied Digital’s Stock Set to Surge With NVIDIA’s Backing?
- Top Biotech Stocks: Exploring Innovation Opportunities
- 4 Reasons to Consider Adding General Mills to Your Portfolio
Receive News & Ratings for NuVista Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NuVista Energy and related companies with MarketBeat.com's FREE daily email newsletter.