The Goldman Sachs Group Upgrades Vista Energy (NYSE:VIST) to Strong-Buy

Vista Energy (NYSE:VIST) was upgraded by The Goldman Sachs Group to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. raised their target price on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. Citigroup upgraded Vista Energy from a “neutral” rating to a “buy” rating and set a $66.00 target price on the stock in a research report on Thursday, February 13th. Finally, UBS Group restated a “neutral” rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $64.73.

Vista Energy Price Performance

NYSE:VIST opened at $54.27 on Thursday. Vista Energy has a 52 week low of $35.18 and a 52 week high of $61.67. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $5.17 billion, a PE ratio of 10.52, a price-to-earnings-growth ratio of 0.83 and a beta of 1.70. The stock’s 50-day moving average price is $54.83 and its 200-day moving average price is $51.48.

Institutional Investors Weigh In On Vista Energy

Several institutional investors have recently bought and sold shares of VIST. JPMorgan Chase & Co. boosted its holdings in Vista Energy by 795.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,284,311 shares of the company’s stock worth $123,604,000 after buying an additional 2,029,081 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Vista Energy in the 4th quarter worth about $42,575,000. Cooper Creek Partners Management LLC acquired a new stake in Vista Energy in the 4th quarter worth about $39,392,000. Ninety One UK Ltd acquired a new stake in Vista Energy in the 4th quarter worth about $38,149,000. Finally, NS Partners Ltd acquired a new position in shares of Vista Energy during the 3rd quarter worth approximately $26,777,000. 63.81% of the stock is currently owned by institutional investors and hedge funds.

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.