Nuvista Energy Ltd (NVA) Upgraded by Eight Capital to Buy

Eight Capital upgraded shares of Nuvista Energy Ltd (TSE:NVA) from a neutral rating to a buy rating in a research report report published on Wednesday morning. The firm currently has C$10.25 price objective on the stock, up from their previous price objective of C$9.00.

NVA has been the subject of a number of other research reports. CSFB raised their price target on shares of Nuvista Energy from C$8.00 to C$9.75 and gave the stock an outperform rating in a research report on Wednesday, September 20th. TD Securities raised their price target on shares of Nuvista Energy from C$8.00 to C$8.50 and gave the stock a buy rating in a research report on Thursday, August 10th. National Bank Financial raised their price target on shares of Nuvista Energy from C$7.75 to C$8.25 and gave the stock an outperform rating in a research report on Wednesday, August 9th. Finally, Raymond James Financial, Inc. decreased their price target on shares of Nuvista Energy from C$9.25 to C$8.50 and set an outperform rating for the company in a research report on Wednesday, August 9th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of C$9.03.

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In other Nuvista Energy news, Director Keith A.J. Macphail sold 64,500 shares of Nuvista Energy stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of C$6.31, for a total value of C$406,995.00.

Nuvista Energy Company Profile

NuVista Energy Ltd. (NuVista) is an exploration and production company, which is engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The Company’s primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney).

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