Positive Report for NuVista Energy (NUVSF) from Raymond James

By Ryan Adsit

NuVista Energy (NUVSFResearch Report) received a Buy rating and a C$1.25 price target from Raymond James analyst Chris Cox yesterday. The company’s shares closed last Wednesday at $0.54, close to its 52-week low of $0.17.

According to TipRanks.com, Cox has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.8% and a 42.0% success rate. Cox covers the Utilities sector, focusing on stocks such as Painted Pony Petroleum, Crescent Point Energy, and Advantage Oil & Gas.

Currently, the analyst consensus on NuVista Energy is a Hold with an average price target of $0.79.

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The company has a one-year high of $2.48 and a one-year low of $0.17. Currently, NuVista Energy has an average volume of 36.31K.

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NuVista Energy Ltd. engages in the exploration, development, and production of oil and natural gas reserves. The firm focuses on the scalable and repeatable condensate-rich Montney formation in the Alberta Deep Basin. The company was founded on April 7, 2003 and is headquartered in Calgary, Canada.