Shares of NuVista Energy (NVA) were revisited by a Wall Street analyst yesterday. Analyst Anthony Petrucci from Canaccord Genuity rated NuVista Energy (NVA) a Buy, setting a C$5.50 price target.
According to TipRanks.com, Petrucci ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -19.9% and a 18.5% success rate. Petrucci covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Athabasca Oil Corporation, and Trican Well Service Ltd.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for NuVista Energy with a C$7.63 average price target.
The company has a one-year high of C$9.89 and a one-year low of C$3.38. Currently, NuVista Energy has an average volume of 1.07M.
NuVista Energy Ltd. engages in the exploration, development, and production of oil and natural gas reserves. The firm focuses on the scalable and repeatable condensate-rich Montney formation in the Alberta Deep Basin. The company was founded on April 7, 2003 and is headquartered in Calgary, Canada.
The company’s shares closed on Tuesday at C$3.70, close to its 52-week low of C$3.38.
