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NuVista Energy Ltd. (OTCMKTS:NUVSF) Receives Average Recommendation of "Hold" From Brokerages

Defense World ·  Sep 24, 2022 02:31

Shares of NuVista Energy Ltd. (OTCMKTS:NUVSF – Get Rating) have been assigned a consensus rating of "Hold" from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $13.40.

Several research analysts recently commented on NUVSF shares. CIBC increased their target price on shares of NuVista Energy from C$14.00 to C$18.00 in a report on Wednesday, June 15th. Scotiabank increased their target price on shares of NuVista Energy from C$15.50 to C$16.00 in a report on Monday, September 19th. Stifel Nicolaus increased their target price on shares of NuVista Energy from C$15.00 to C$15.50 in a report on Thursday, June 30th. Finally, National Bank Financial reduced their target price on shares of NuVista Energy from C$19.00 to C$16.50 in a report on Monday, July 18th.

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NuVista Energy Stock Performance

Shares of NUVSF opened at $7.22 on Friday. NuVista Energy has a 12 month low of $3.55 and a 12 month high of $11.59. The firm has a fifty day simple moving average of $8.23 and a 200 day simple moving average of $8.55.

NuVista Energy Company Profile

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NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It primarily focuses on the condensate rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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