Trading Report: Today: Canaccord Genuity Boosts NuVista Energy Ltd. (NVA) Price Target to C$9.00

Today: Canaccord Genuity Boosts NuVista Energy Ltd. (NVA) Price Target to C$9.00

NuVista Energy Ltd. (TSE:NVA) had its price objective raised by Canaccord Genuity from C$8.00 to C$9.00 in a research note issued to investors on Wednesday. The firm currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the company. Desjardins restated a buy rating and issued a C$8.00 target price on shares of NuVista Energy in a research note on Wednesday, August 10th. TD Securities restated a buy rating and issued a C$8.50 target price on shares of NuVista Energy in a research note on Thursday, August 11th. FirstEnergy Capital raised their price target on NuVista Energy from C$8.00 to C$8.25 in a report on Thursday, August 11th. Royal Bank Of Canada raised their price target on NuVista Energy from C$7.00 to C$8.00 and gave the company an outperform rating in a report on Wednesday, June 15th. Finally, AltaCorp Capital raised their price target on NuVista Energy from C$7.50 to C$8.00 in a report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. NuVista Energy currently has a consensus rating of Buy and an average price target of C$7.95.

Shares of NuVista Energy (TSE:NVA) opened at 7.71 on Wednesday. The company’s market capitalization is $1.21 billion. The company has a 50-day moving average price of $6.96 and a 200 day moving average price of $6.35. NuVista Energy has a one year low of $2.72 and a one year high of $7.80.

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