NuVista Energy Ltd. (TSE:NVA) Given Consensus Rating of “Buy” by Brokerages

Shares of NuVista Energy Ltd. (TSE:NVA) have received a consensus rating of “Buy” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$15.97.

A number of equities research analysts recently weighed in on the stock. National Bank Financial raised shares of NuVista Energy from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Jefferies Financial Group lowered their target price on NuVista Energy from C$17.00 to C$14.00 and set a “buy” rating for the company in a report on Monday, September 16th. National Bankshares raised NuVista Energy from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$14.50 to C$16.00 in a report on Monday, November 11th. Cormark upgraded NuVista Energy to a “strong-buy” rating in a research report on Monday, September 23rd. Finally, TD Securities lowered their price target on shares of NuVista Energy from C$17.00 to C$16.00 in a research report on Tuesday, October 1st.

Insider Activity at NuVista Energy

In other news, Senior Officer Christopher Mark Alessandro Legrow sold 24,107 shares of NuVista Energy stock in a transaction on Thursday, November 21st. The stock was sold at an average price of C$13.11, for a total transaction of C$316,042.77. Also, Senior Officer Michael Lawford sold 10,116 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of C$11.61, for a total value of C$117,446.76. Insiders sold 82,684 shares of company stock worth $1,058,399 in the last 90 days. Corporate insiders own 20.25% of the company’s stock.

NuVista Energy Stock Down 2.2 %

NVA stock opened at C$13.86 on Tuesday. The firm has a market cap of C$2.86 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.59 and a beta of 2.57. NuVista Energy has a 1-year low of C$9.59 and a 1-year high of C$14.86. The firm has a fifty day moving average price of C$11.59 and a two-hundred day moving average price of C$12.67. The company has a debt-to-equity ratio of 15.03, a current ratio of 0.90 and a quick ratio of 0.78.

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.