JPMorgan Chase & Co. Issues Positive Forecast for Vista Energy (NYSE:VIST) Stock Price

Vista Energy (NYSE:VIST) had its price objective upped by equities researchers at JPMorgan Chase & Co. from $68.00 to $72.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 27.32% from the stock’s current price.

A number of other research firms have also issued reports on VIST. Bank of America lowered their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. UBS Group reiterated a “neutral” rating and set a $64.00 price objective (up previously from $60.00) on shares of Vista Energy in a research report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $61.40.

Vista Energy Stock Performance

NYSE VIST traded up $0.06 on Friday, hitting $56.55. The stock had a trading volume of 395,078 shares, compared to its average volume of 957,946. Vista Energy has a one year low of $29.07 and a one year high of $59.47. The stock has a market cap of $5.38 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 0.92 and a beta of 1.71. The company’s 50-day moving average is $53.48 and its two-hundred day moving average is $49.47. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VIST. GAMMA Investing LLC increased its stake in Vista Energy by 332.4% in the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock valued at $116,000 after buying an additional 1,642 shares during the period. TT International Asset Management LTD boosted its position in Vista Energy by 2.3% during the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock valued at $85,435,000 after purchasing an additional 43,664 shares during the last quarter. Geode Capital Management LLC grew its stake in Vista Energy by 11.4% in the third quarter. Geode Capital Management LLC now owns 14,003 shares of the company’s stock valued at $619,000 after purchasing an additional 1,437 shares in the last quarter. State Street Corp raised its stake in shares of Vista Energy by 53.9% during the 3rd quarter. State Street Corp now owns 100,965 shares of the company’s stock worth $4,461,000 after purchasing an additional 35,342 shares in the last quarter. Finally, Itau Unibanco Holding S.A. lifted its holdings in shares of Vista Energy by 204.1% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 66,000 shares of the company’s stock valued at $2,916,000 after buying an additional 44,300 shares during the last quarter. 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.