NuVista Energy (TSE:NVA) Given New C$19.00 Price Target at BMO Capital Markets

NuVista Energy (TSE:NVA) had its target price upped by BMO Capital Markets from C$18.00 to C$19.00 in a research report report published on Friday morning,BayStreet.CA reports.

NVA has been the topic of several other reports. National Bank Financial raised NuVista Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Jefferies Financial Group reduced their price objective on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a research report on Monday, September 16th. 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. Cormark upgraded shares of NuVista Energy to a “strong-buy” rating in a research note on Monday, September 23rd. Finally, National Bankshares upgraded shares of NuVista Energy from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$14.50 to C$16.00 in a research note on Monday, November 11th. Eight analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, NuVista Energy presently has an average rating of “Buy” and an average target price of C$16.08.

NuVista Energy Trading Down 0.4 %

TSE:NVA opened at C$13.44 on Friday. The company has a 50-day moving average price of C$12.16 and a 200-day moving average price of C$12.74. The stock has a market cap of C$2.77 billion, a price-to-earnings ratio of 8.35, a P/E/G ratio of 0.59 and a beta of 2.57. The company has a current ratio of 0.90, a quick ratio of 0.78 and a debt-to-equity ratio of 15.03. NuVista Energy has a 12 month low of C$9.59 and a 12 month high of C$14.86.

Insider Buying and Selling at NuVista Energy

In other news, Senior Officer Michael Lawford sold 17,348 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$12.57, for a total transaction of C$218,064.36. Also, Senior Officer Christopher Mark Alessandro Legrow sold 24,107 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$13.11, for a total transaction of C$316,042.77. Insiders sold 130,121 shares of company stock worth $1,696,927 over the last 90 days. 20.25% of the stock is owned by insiders.

About NuVista Energy

NuVista 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.