NuVista Energy Ltd. (OTCMKTS:NUVSF) Receives $13.10 Average Target Price from Brokerages

Shares of NuVista Energy Ltd. (OTCMKTS:NUVSF – Get Rating) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $13.55.

Several brokerages recently weighed in on NUVSF. Desjardins increased their target price on NuVista Energy from C$13.50 to C$14.00 in a report on Friday, March 11th. Royal Bank of Canada increased their target price on NuVista Energy from C$11.00 to C$12.00 in a report on Thursday, March 10th. National Bank Financial increased their target price on NuVista Energy from C$14.50 to C$19.00 in a report on Thursday, June 16th. CIBC increased their target price on NuVista Energy from C$14.00 to C$18.00 in a report on Wednesday, June 15th. Finally, Stifel Nicolaus increased their target price on NuVista Energy from C$13.25 to C$15.00 in a report on Wednesday, May 11th.

NUVSF opened at $8.10 on Thursday. NuVista Energy has a 12-month low of $2.29 and a 12-month high of $11.59. The stock has a 50-day moving average price of $9.39 and a 200-day moving average price of $7.77.

About NuVista Energy (Get Rating)

NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It primarily focuses on the condensate rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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