Can Nuvista Energy Ltd’s Tomorrow Be Different? The Stock Increases Again

 Can Nuvista Energy Ltd's Tomorrow Be Different? The Stock Increases Again

The stock of Nuvista Energy Ltd (TSE:NVA) is a huge mover today! About 322,946 shares traded hands. Nuvista Energy Ltd (TSE:NVA) has risen 25.97% since March 30, 2016 and is uptrending. It has outperformed by 24.76% the S&P500.
The move comes after 5 months positive chart setup for the $1.12B company. It was reported on Nov, 3 by Barchart.com. We have $9.41 PT which if reached, will make TSE:NVA worth $504.00M more.

Nuvista Energy Ltd (TSE:NVA) Ratings Coverage

Out of 8 analysts covering Nuvista Energy Ltd. (TSE:NVA), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. $10.25 is the highest target while $4.85 is the lowest. The $8.02 average target is 23.57% above today’s ($6.49) stock price. Nuvista Energy Ltd. has been the topic of 28 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Desjardins Securities on Tuesday, June 28 with “”. TD Securities maintained Nuvista Energy Ltd (TSE:NVA) rating on Friday, August 12. TD Securities has “Buy” rating and $8.50 price target. BMO Capital Markets initiated the stock with “Market Perform” rating in Friday, February 12 report. The rating was maintained by TD Securities with “Buy” on Wednesday, August 12. RBC Capital Markets maintained Nuvista Energy Ltd (TSE:NVA) rating on Monday, October 31. RBC Capital Markets has “Outperform” rating and $9 price target. The stock of Nuvista Energy Ltd (TSE:NVA) has “Buy” rating given on Thursday, August 11 by Desjardins Securities. The company was maintained on Thursday, August 11 by Scotia Capital. Raymond James maintained the shares of NVA in a report on Monday, June 6 with “” rating.

More recent Nuvista Energy Ltd (TSE:NVA) news were published by: Marketwatch.com which released: “NuVista Energy Ltd. Announces Second Quarter 2016 Financial and Operating Results” on August 10, 2016. Also Marketwired.com published the news titled: “NuVista Energy Ltd. Provides 5-Year Plan to 60000+ Boe/d, Announces New Gas …” on October 11, 2016. Marketwired.com‘s news article titled: “NuVista Energy Ltd. Announces $21.5 Million CDE Flow Through Equity Financing” with publication date: June 15, 2016 was also an interesting one.

NuVista Energy Ltd. 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 has a market cap of $1.12 billion. The Company’s primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney). It currently has negative earnings. The Company’s products include natural gas, and condensate and oil.

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