Nuvista Energy (NVA) Upgraded by National Bank Financial to “Outperform”

National Bank Financial upgraded shares of Nuvista Energy (TSE:NVA) from a sector perform rating to an outperform rating in a research report released on Wednesday. National Bank Financial currently has C$10.00 price objective on the stock, up from their prior price objective of C$9.00.

A number of other analysts have also commented on NVA. Eight Capital upgraded shares of Nuvista Energy from a neutral rating to a buy rating and lifted their price target for the stock from C$9.00 to C$10.25 in a research note on Wednesday, November 1st. BMO Capital Markets lifted their price target on shares of Nuvista Energy from C$8.00 to C$9.00 and gave the stock a market perform rating in a research note on Wednesday, November 1st. Royal Bank of Canada reduced their price target on shares of Nuvista Energy from C$10.00 to C$9.00 and set an outperform rating for the company in a research note on Wednesday, November 1st. Finally, Desjardins lifted their price target on shares of Nuvista Energy from C$10.75 to C$11.50 in a research note on Wednesday. Eight equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and a consensus target price of C$9.53.

Shares of Nuvista Energy (TSE:NVA) opened at C$8.04 on Wednesday. Nuvista Energy has a 12 month low of C$5.33 and a 12 month high of C$9.16. The company has a market cap of $1,400.00, a P/E ratio of 22.97 and a beta of 0.37.

In related news, Director Deborah Susan Stein purchased 3,450 shares of Nuvista Energy stock in a transaction dated Wednesday, December 6th. The stock was purchased at an average cost of C$8.00 per share, for a total transaction of C$27,600.00.

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Nuvista Energy Company Profile

NuVista Energy Ltd. (NuVista) is an exploration and production company, which is engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The Company’s primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney).

Analyst Recommendations for Nuvista Energy (TSE:NVA)

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