Vista Energy (NYSE:VIST) Price Target Raised to $72.00

Vista Energy (NYSE:VIST) had its price objective upped by JPMorgan Chase & Co. from $68.00 to $72.00 in a research report released on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Several other brokerages also recently commented on VIST. Bank of America reduced their target price on Vista Energy from $70.00 to $68.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. UBS Group reiterated a “neutral” rating and issued a $64.00 price objective (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. Two 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, Vista Energy has a consensus rating of “Moderate Buy” and a consensus price target of $61.40.

Vista Energy Trading Up 2.4 %

NYSE:VIST opened at $57.82 on Friday. The stock has a market cap of $5.50 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 0.92 and a beta of 1.71. 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 company’s 50 day moving average price is $53.65 and its 200-day moving average price is $49.57. Vista Energy has a 52 week low of $29.07 and a 52 week high of $59.47.

Hedge Funds Weigh In On Vista Energy

Hedge funds and other institutional investors have recently modified their holdings of the company. Encompass Capital Advisors LLC increased its position in Vista Energy by 41.9% during 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 last quarter. State Street Corp grew 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 valued at $4,461,000 after purchasing an additional 35,342 shares during the period. Connective Portfolio Management LLC increased its position in shares of Vista Energy by 123.1% during the 3rd quarter. Connective Portfolio Management LLC now owns 29,000 shares of the company’s stock valued at $1,281,000 after purchasing an additional 16,000 shares during the last quarter. Verde Servicos Internacionais S.A. bought a new position in shares of Vista Energy in the 3rd quarter worth approximately $994,000. Finally, TT International Asset Management LTD boosted its holdings in shares of Vista Energy by 2.3% in the third quarter. TT International Asset Management LTD now owns 1,933,803 shares of the company’s stock worth $85,435,000 after buying an additional 43,664 shares during the last quarter. 63.81% of the stock is owned by institutional investors.

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.