NuVista Energy Ltd. (TSE:NVA) Receives C$17.82 Consensus Price Target from Analysts

Shares of NuVista Energy Ltd. (TSE:NVA) have earned a consensus rating of “Hold” from the nine analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$17.82.

Separately, Scotiabank raised their price target on shares of NuVista Energy from C$18.00 to C$18.50 and gave the company a “sector perform” rating in a research note on Wednesday, January 21st.

NuVista Energy Price Performance

TSE:NVA opened at C$19.04 on Monday. The firm’s 50 day simple moving average is C$18.72 and its 200 day simple moving average is C$17.55. The company has a debt-to-equity ratio of 17.21, a current ratio of 0.81 and a quick ratio of 0.78. NuVista Energy has a one year low of C$10.44 and a one year high of C$19.08. The company has a market cap of C$3.69 billion, a PE ratio of 11.83, a P/E/G ratio of 0.59 and a beta of 0.24.

NuVista Energy Company Profile

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista.