NuVista Energy (NVA) Got Some Good News


Shares of NuVista Energy (NVA) were revisited by a Wall Street analyst today. Analyst Anthony Petrucci from Canaccord Genuity rated NuVista Energy (NVA) a Buy, setting a C$6 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 -18.9% and a 24.3% success rate. Petrucci covers the Basic Materials sector, focusing on stocks such as Essential Energy Services Ltd, Frontera Energy Corporation, and Tamarack Valley Energy Ltd.

NuVista Energy has an analyst consensus of Strong Buy, with a price target consensus of C$7.75.

NuVista Energy’s market cap is currently C$1.03B and has a P/E ratio of 5.9. The company has a Price to Book ratio of 0.74.

NuVista Energy Ltd. is an exploration and production company. It 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$4.77.

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