Vista Energy (NYSE:VIST) Upgraded by Citigroup to Buy Rating

Citigroup upgraded shares of Vista Energy (NYSE:VIST) from a neutral rating to a buy rating in a research report sent to investors on Thursday morning, MarketBeat reports. They currently have $66.00 price objective on the stock.

Other equities analysts have also recently issued research reports about the stock. UBS Group restated a “neutral” rating and set a $64.00 target price (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. JPMorgan Chase & Co. lifted their price objective on Vista Energy from $68.00 to $72.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Vista Energy has an average rating of “Moderate Buy” and a consensus target price of $64.60.

Vista Energy Stock Down 0.5 %

Vista Energy stock opened at $51.45 on Thursday. The stock’s 50 day moving average price is $55.28 and its 200 day moving average price is $51.17. Vista Energy has a 1-year low of $31.92 and a 1-year high of $61.67. The company has a market cap of $4.90 billion, a PE ratio of 9.97, a price-to-earnings-growth ratio of 0.80 and a beta of 1.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59.

Hedge Funds Weigh In On Vista Energy

Institutional investors and hedge funds have recently modified their holdings of the company. Itau Unibanco Holding S.A. raised its holdings in Vista Energy by 165.4% in the 4th quarter. Itau Unibanco Holding S.A. now owns 175,170 shares of the company’s stock valued at $9,477,000 after acquiring an additional 109,170 shares during the last quarter. Aquatic Capital Management LLC grew its position in shares of Vista Energy by 23.6% in the fourth quarter. Aquatic Capital Management LLC now owns 33,008 shares of the company’s stock valued at $1,786,000 after purchasing an additional 6,308 shares during the period. Lord Abbett & CO. LLC acquired a new position in Vista Energy in the fourth quarter valued at $1,694,000. First Trust Advisors LP lifted its position in Vista Energy by 138.4% during the fourth quarter. First Trust Advisors LP now owns 20,662 shares of the company’s stock worth $1,118,000 after buying an additional 11,995 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in Vista Energy by 241.3% in the 4th quarter. Canada Pension Plan Investment Board now owns 237,900 shares of the company’s stock worth $12,873,000 after buying an additional 168,200 shares during the last quarter. Hedge funds and other institutional investors own 63.81% of the company’s stock.

Vista Energy Company Profile

Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company's principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.