NuVista Energy (TSE:NVA) PT Set at C$18.00 by Raymond James

Raymond James set a C$18.00 price objective on NuVista Energy (TSE:NVA) in a research report sent to investors on Tuesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

NVA has been the subject of a number of other reports. Cormark upgraded NuVista Energy to a “strong-buy” rating in a report on Friday, March 7th. Atb Cap Markets upgraded NuVista Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 25th. National Bankshares cut NuVista Energy from an “outperform” rating to a “sector perform” rating and set a C$16.00 price target on the stock. in a report on Thursday, December 19th. National Bank Financial downgraded shares of NuVista Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Finally, Desjardins downgraded shares of NuVista Energy from a “buy” rating to a “hold” rating and dropped their target price for the company from C$17.00 to C$16.25 in a research report on Wednesday, March 19th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$17.59.

NuVista Energy Stock Down 5.5 %

Shares of TSE NVA opened at C$11.21 on Tuesday. NuVista Energy has a 52-week low of C$10.34 and a 52-week high of C$14.86. The company has a debt-to-equity ratio of 14.11, a quick ratio of 0.78 and a current ratio of 0.87. The company’s 50 day moving average price is C$12.47 and its 200-day moving average price is C$12.53. The company has a market capitalization of C$2.30 billion, a P/E ratio of 7.84, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57.

Insider Buying and Selling at NuVista Energy

In other NuVista Energy news, Senior Officer Christopher Mark Alessandro Legrow sold 5,000 shares of NuVista Energy stock in a transaction dated Friday, January 10th. The stock was sold at an average price of C$14.30, for a total transaction of C$71,500.00. Also, Senior Officer Ivan J. Condic sold 2,227 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$13.60, for a total value of C$30,287.20. In the last 90 days, insiders sold 28,227 shares of company stock worth $384,657. 20.25% of the stock is owned by corporate insiders.

About NuVista Energy

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen.