NuVista Energy (TSE:NVA – Free Report) had its price objective reduced by National Bankshares from C$15.00 to C$14.50 in a research report sent to investors on Friday morning, BayStreet.CA reports.
NVA has been the topic of several other reports. TD Securities lifted their target price on shares of NuVista Energy from C$15.00 to C$17.00 and gave the company a buy rating in a research report on Friday, June 14th. Cormark raised shares of NuVista Energy to a strong-buy rating in a report on Monday, September 23rd. Jefferies Financial Group lowered 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. BMO Capital Markets boosted their price target on shares of NuVista Energy from C$17.00 to C$18.00 and gave the stock an outperform rating in a research note on Wednesday, June 26th. Finally, CIBC raised their target price on NuVista Energy from C$16.50 to C$20.00 in a report on Monday, July 15th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average target price of C$15.88.
Read Our Latest Research Report on NVA
NuVista Energy Price Performance
NuVista Energy (TSE:NVA – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C$0.53 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.35 by C$0.18. NuVista Energy had a net margin of 28.29% and a return on equity of 16.18%. The business had revenue of C$323.35 million for the quarter, compared to the consensus estimate of C$312.00 million. Equities analysts forecast that NuVista Energy will post 1.0234302 EPS for the current fiscal year.
Insider Activity at NuVista Energy
In other news, Director Keith A.J. Macphail sold 20,000 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of C$14.20, for a total value of C$284,000.00. In other NuVista Energy news, Director Keith A.J. Macphail sold 20,000 shares of the firm’s stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of C$14.20, for a total value of C$284,000.00. Also, Senior Officer Ryan Daniel Paulgaard sold 5,073 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of C$13.26, for a total value of C$67,267.98. 20.25% of the stock is currently owned by company insiders.
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.
See Also
- Five stocks we like better than NuVista Energy
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Are Penny Stocks a Good Fit for Your Portfolio?
- CarMax’s Impressive Rally: What Investors Should Watch Next
- Investing in Construction Stocks
- MarketBeat Week in Review – 9/23 – 9/27
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.