NuVista Energy (TSE:NVA – Free Report) had its price objective decreased by TD Securities from C$17.00 to C$16.00 in a research report report published on Tuesday morning, BayStreet.CA reports.
A number of other analysts have also recently weighed in on NVA. Scotiabank increased their price objective on NuVista Energy from C$15.00 to C$16.00 in a research report on Friday, July 12th. Jefferies Financial Group decreased their price target 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. BMO Capital Markets boosted their price objective on shares of NuVista Energy from C$17.00 to C$18.00 and gave the company an outperform rating in a research note on Wednesday, June 26th. National Bankshares cut their price objective on shares of NuVista Energy from C$15.00 to C$14.50 in a research report on Friday, September 27th. Finally, CIBC lifted their target price on shares of NuVista Energy from C$16.50 to C$20.00 in a report on Monday, July 15th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, NuVista Energy has an average rating of Moderate Buy and an average price target of C$15.78.
View Our Latest Stock Report on NVA
NuVista Energy Stock Up 1.1 %
NuVista Energy (TSE:NVA – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$0.53 EPS 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 during the quarter, compared to analysts’ expectations of C$312.00 million. Sell-side analysts expect that NuVista Energy will post 1.0234302 earnings per share for the current year.
Insider Buying and Selling
In other NuVista Energy news, Senior Officer Ryan Daniel Paulgaard sold 5,073 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of C$13.26, for a total transaction of C$67,267.98. Insiders own 20.25% 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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