Analyst Price Target is C$16.64
▲ +24.54% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for NuVista Energy in the last 3 months. The average price target is C$16.64, with a high forecast of C$20.00 and a low forecast of C$14.50. The average price target represents a 24.54% upside from the last price of C$13.36.
Current Consensus is
Moderate Buy
The current consensus among 10 polled investment analysts is to moderate buy stock in NuVista Energy. This rating changed within the last month from a Buy consensus rating.
NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista. To better service assets and production in this area, the firm operates compressor and dehydration stations.
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