Analysts at JPMorgan Chase & Co. started coverage on shares of Vista Energy (NYSE:VIST – Get Free Report) in a note issued to investors on Tuesday, Briefing.com reports. The brokerage set an “overweight” rating and a $68.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 38.44% from the company’s current price.
Separately, UBS Group lifted their price target on shares of Vista Energy from $47.00 to $50.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st.
View Our Latest Research Report on VIST
Vista Energy Stock Performance
Vista Energy stock opened at $49.12 on Tuesday. Vista Energy has a 12-month low of $24.38 and a 12-month high of $50.50. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 11.37 and a beta of 1.91. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.77 and a quick ratio of 0.76. The firm’s fifty day moving average price is $45.30 and its 200 day moving average price is $42.49.
Institutional Investors Weigh In On Vista Energy
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Activest Wealth Management bought a new stake in shares of Vista Energy during the 1st quarter valued at about $35,000. Blue Trust Inc. grew its position in shares of Vista Energy by 5,683.1% during the second quarter. Blue Trust Inc. now owns 3,412 shares of the company’s stock worth $141,000 after acquiring an additional 3,353 shares during the last quarter. Rhumbline Advisers lifted its position in Vista Energy by 41.0% in the 2nd quarter. Rhumbline Advisers now owns 4,152 shares of the company’s stock valued at $189,000 after purchasing an additional 1,208 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Vista Energy in the 4th quarter valued at about $303,000. Finally, Custom Index Systems LLC bought a new stake in Vista Energy in the 2nd quarter valued at about $343,000. Institutional investors own 63.81% of the company’s stock.
About Vista Energy
Vista Energy, SAB. de C.V., through its subsidiaries, engages in the exploration and production of oil and gas in Latin America. The company’s principal assets located in Neuquina basin, Argentina and Vaca Muerta. It owns producing assets in Argentina and Mexico. In addition, the company involved in drilling and workover activities located in Argentina.
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Source: defenseworld.net
