UBS Group Reiterates “Neutral” Rating for Vista Energy (NYSE:VIST)

Vista Energy (NYSE:VIST)‘s stock had its “neutral” rating restated by analysts at UBS Group in a report released on Friday, MarketBeat.com reports. They currently have a $64.00 price target on the stock, up from their prior price target of $60.00. UBS Group’s price target indicates a potential upside of 18.15% from the company’s current price.

Separately, Bank of America cut their target price on shares of Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a research note on Wednesday, September 18th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.60.

Vista Energy Stock Down 3.1 %

Shares of NYSE VIST opened at $54.17 on Friday. Vista Energy has a 12-month low of $28.82 and a 12-month high of $59.47. The stock has a market cap of $5.16 billion, a P/E ratio of 10.50, a PEG ratio of 0.92 and a beta of 1.75. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48. The business’s fifty day simple moving average is $53.04 and its 200-day simple moving average is $49.14.

Hedge Funds Weigh In On Vista Energy

Several large investors have recently bought and sold shares of the stock. NS Partners Ltd acquired a new stake in shares of Vista Energy in the 3rd quarter valued at about $26,777,000. Encompass Capital Advisors LLC increased its holdings in shares of Vista Energy by 41.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,023,782 shares of the company’s stock valued at $46,562,000 after acquiring an additional 302,138 shares during the period. Gemsstock Ltd. purchased a new stake in Vista Energy in the 2nd quarter valued at $13,307,000. Sei Investments Co. boosted its stake in Vista Energy by 253.6% during the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock worth $14,388,000 after purchasing an additional 226,891 shares during the period. Finally, National Bank of Canada FI purchased a new position in Vista Energy during the 2nd quarter worth $5,749,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Vista Energy Company Profile

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.