Vista Energy’s (VIST) “Neutral” Rating Reiterated at UBS Group

UBS Group reaffirmed their neutral rating on shares of Vista Energy (NYSE:VIST) in a research note published on Friday morning, Marketbeat.com reports. They currently have a $64.00 price objective on the stock, up from their prior price objective of $60.00.

Separately, Bank of America decreased their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company 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 company’s stock. Based on data from MarketBeat, Vista Energy presently has a consensus rating of “Moderate Buy” and an average target price of $60.60.

Vista Energy Stock Down 3.1 %

Vista Energy stock opened at $54.17 on Friday. The stock has a market cap of $5.16 billion, a PE ratio of 10.50, a P/E/G ratio of 0.92 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.59 and a quick ratio of 0.59. The stock’s fifty day moving average is $53.04 and its two-hundred day moving average is $49.19. Vista Energy has a 1-year low of $28.82 and a 1-year high of $59.47.

Hedge Funds Weigh In On Vista Energy

Hedge funds have recently made changes to their positions in the company. 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 boosted its holdings in shares of Vista Energy by 41.9% in the second 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 position in shares of Vista Energy during the second quarter worth approximately $13,307,000. Sei Investments Co. increased its holdings in shares of Vista Energy by 253.6% in the 2nd quarter. Sei Investments Co. now owns 316,350 shares of the company’s stock valued at $14,388,000 after acquiring an additional 226,891 shares during the period. Finally, National Bank of Canada FI purchased a new stake in Vista Energy in the 2nd quarter valued at $5,749,000. Hedge funds and other institutional investors 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.