NuVista Energy (TSE:NVA) Given a C$17.00 Price Target at BMO Capital Markets

BMO Capital Markets set a C$17.00 target price on NuVista Energy (TSE:NVA - Free Report) in a report published on Tuesday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities research analysts have also commented on NVA. Stifel Nicolaus upped their target price on NuVista Energy from C$14.25 to C$14.50 in a research report on Monday, March 4th. CIBC upped their target price on NuVista Energy from C$15.00 to C$15.50 and gave the company an outperform rating in a research report on Friday, March 1st. National Bankshares cut their target price on NuVista Energy from C$15.00 to C$14.00 and set a sector perform rating on the stock in a research report on Wednesday, January 10th. Desjardins dropped their price target on NuVista Energy from C$15.00 to C$14.75 and set a buy rating on the stock in a research note on Friday, March 22nd. Finally, Raymond James dropped their price target on NuVista Energy from C$18.00 to C$14.50 and set an outperform rating on the stock in a research note on Friday, January 19th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of C$14.81.

NuVista Energy Trading Up 3.1 %

Shares of TSE NVA traded up C$0.37 during trading on Tuesday, reaching C$12.38. The company had a trading volume of 307,007 shares, compared to its average volume of 344,026. The company's fifty day moving average price is C$11.24 and its 200-day moving average price is C$11.72. NuVista Energy has a 12 month low of C$9.59 and a 12 month high of C$13.72. The stock has a market cap of C$2.57 billion, a P/E ratio of 7.49, a PEG ratio of 0.59 and a beta of 2.86. The company has a quick ratio of 0.78, a current ratio of 1.04 and a debt-to-equity ratio of 14.42.

NuVista Energy (TSE:NVA - Get Free Report) last announced its earnings results on Thursday, February 29th. The company reported C$0.41 EPS for the quarter, missing the consensus estimate of C$0.49 by C($0.08). NuVista Energy had a net margin of 29.12% and a return on equity of 18.16%. The business had revenue of C$365.50 million for the quarter, compared to the consensus estimate of C$364.00 million. As a group, research analysts expect that NuVista Energy will post 1.4968867 earnings per share for the current year.

Insider Transactions at NuVista Energy

In other news, Senior Officer Jonathan Andrew Wright sold 14,350 shares of the stock in a transaction that occurred on Monday, January 15th. The stock was sold at an average price of C$11.35, for a total value of C$162,872.50. Company insiders own 22.86% of the company's stock.

NuVista Energy Company Profile

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.