RBC Capital analyst Michael Harvey maintained a Hold rating on NuVista Energy on Monday, setting a price target of C$8, which is approximately 16.24% above the present share price of $5.42.
Harvey expects NuVista Energy to post earnings per share (EPS) of $0.65 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in NuVista Energy, with an average price target of $6.41.
The analysts price targets range from a high of $7.48 to a low of $5.91.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $222.6 million and a net profit of $249.05 million. The company's market cap is $1.23 billion.
According to TipRanks.com, RBC Capital analyst Michael Harvey is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.0% and a 52.57% success rate.
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.