Nuvista Energy Ltd (TSE:NVA) Director Deborah Susan Stein acquired 3,450 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were acquired at an average cost of C$8.00 per share, for a total transaction of C$27,600.00.
Nuvista Energy Ltd (TSE NVA) traded up C$0.19 on Friday, reaching C$7.87. The company’s stock had a trading volume of 708,654 shares, compared to its average volume of 536,991. Nuvista Energy Ltd has a one year low of C$5.33 and a one year high of C$8.87.
A number of brokerages recently weighed in on NVA. National Bank Financial upped their price objective on Nuvista Energy from C$9.25 to C$9.75 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Royal Bank Of Canada dropped their price objective on Nuvista Energy from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a report on Wednesday, November 1st. BMO Capital Markets upped their price objective on Nuvista Energy from C$8.00 to C$9.00 and gave the stock a “market perform” rating in a report on Wednesday, November 1st. Eight Capital raised Nuvista Energy from a “neutral” rating to a “buy” rating and upped their price objective for the stock from C$9.00 to C$10.25 in a report on Wednesday, November 1st. Finally, CSFB upped their price objective on Nuvista Energy from C$8.00 to C$9.75 and gave the stock an “outperform” rating in a report on Wednesday, September 20th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of C$9.18.
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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