NuVista Energy (TSE:NVA – Free Report) had its target price lifted by TD Securities from C$15.00 to C$17.00 in a research report report published on Friday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also issued reports on the stock. Desjardins lowered their target price on shares of NuVista Energy from C$15.00 to C$14.75 and set a buy rating for the company in a report on Friday, March 22nd. National Bankshares lifted their price objective on NuVista Energy from C$14.00 to C$15.00 and gave the company a sector perform rating in a research note on Friday, April 19th. Jefferies Financial Group set a C$13.00 target price on NuVista Energy and gave the stock a buy rating in a research note on Tuesday, February 27th. CIBC lifted their price target on NuVista Energy from C$15.50 to C$16.50 and gave the stock an outperform rating in a research report on Monday, April 22nd. Finally, BMO Capital Markets set a C$17.00 price objective on shares of NuVista Energy and gave the company an outperform rating in a research report on Tuesday, April 9th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average price target of C$15.31.
View Our Latest Report on NuVista Energy
NuVista Energy Trading Down 0.1 %
NuVista Energy (TSE:NVA – Get Free Report) last released its earnings results on Tuesday, May 7th. The company reported C$0.17 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.14). NuVista Energy had a return on equity of 15.57% and a net margin of 26.88%. The business had revenue of C$309.02 million during the quarter, compared to analysts’ expectations of C$276.00 million. Research analysts forecast that NuVista Energy will post 1.3395253 earnings per share for the current fiscal year.
Insider Transactions at NuVista Energy
In other NuVista Energy news, Senior Officer Kevin Garth Asman sold 3,580 shares of the stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of C$13.65, for a total value of C$48,867.00. In other news, Senior Officer Ryan Daniel Paulgaard sold 12,034 shares of the firm’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of C$12.80, for a total value of C$154,035.20. Also, Senior Officer Kevin Garth Asman sold 3,580 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of C$13.65, for a total value of C$48,867.00. Insiders have sold a total of 6,094,560 shares of company stock worth $76,210,753 in the last ninety days. Insiders own 20.23% of the company’s stock.
About NuVista Energy
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.
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