The shares of NuVista Energy Ltd. (OTCMKTS:NUVSF – Get Rating) earned an average recommendation of “Buy” from the eleven analysts who cover the stock, reports MarketBeat.com. Two investment analysts rated the stock with a hold rating, one gave the company a buy rating and one gave the company a strong buy rating. The 12-month average price target among analysts who have covered the stock over the past year is $12.08.
Several research analysts have commented on NUVSF shares. Scotiabank raised its price target on NuVista Energy shares from C$13.50 to C$14.50 in a report released Monday, April 18. CIBC raised its price target on NuVista Energy shares from C$12.00 to C$14.00 in a Thursday, April 14 research report. BMO Capital Markets raised its price target on NuVista Energy shares from C$9.50 to C$11.50 in a Thursday, March 10 research report. Stifel Nicolaus raised his price target on NuVista Energy shares from C$10.75 to C$13.25 in a Thursday, March 10 research report. Finally, Raymond James upgraded NuVista Energy shares from an “outperform” rating to a “strong buy” rating in a research report on Tuesday.
Shares of OTCMKTS:NUVSF opened at $8.52 on Wednesday. The company has a fifty-day moving average price of $8.15 and a two-hundred-day moving average price of $6.54. NuVista Energy has a 1-year low of $1.67 and a 1-year high of $9.80.
About NuVista Energy (Get an assessment)
NuVista Energy Ltd., an oil and gas company, is engaged in the exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It focuses primarily on the condensate-rich Montney Formation in the Wapiti region of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.
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