A number of research firms have changed their ratings and price targets for Nuvista Energy (TSE: NVA):

  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at National Bank Financial from C$12.00 to C$11.50. They now have an “outperform” rating on the stock.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at Royal Bank of Canada from C$11.00 to C$9.00. They now have an “outperform” rating on the stock.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at TD Securities from C$9.50 to C$9.00. They now have a “buy” rating on the stock.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at Raymond James from C$13.75 to C$12.00.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at BMO Capital Markets from C$10.00 to C$8.00.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at Canaccord Genuity from C$11.00 to C$7.50.
  • 11/13/2018 – Nuvista Energy had its price target lowered by analysts at CIBC from C$12.50 to C$10.50.

NVA stock opened at C$4.63 on Tuesday. Nuvista Energy Ltd has a 1-year low of C$4.29 and a 1-year high of C$9.89. The company has a current ratio of 0.35, a quick ratio of 0.34 and a debt-to-equity ratio of 25.38.

In other news, insider Douglas Christopher Mcdavid sold 6,600 shares of Nuvista Energy stock in a transaction dated Thursday, September 13th. The stock was sold at an average price of C$7.44, for a total value of C$49,104.00. Also, insider Jonathan Andrew Wright acquired 4,650 shares of the stock in a transaction dated Friday, August 31st. The stock was acquired at an average cost of C$7.68 per share, with a total value of C$35,712.00. Over the last three months, insiders bought 99,530 shares of company stock valued at $475,047.

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

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