Vista Energy (NYSE:VIST) Stock Rating Upgraded by Citigroup

Vista Energy (NYSE:VIST) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a $66.00 price objective on the stock. Citigroup’s target price points to a potential upside of 28.27% from the company’s current price.

Several other analysts have also weighed in on the company. JPMorgan Chase & Co. upped their price objective on Vista Energy from $68.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, January 10th. UBS Group reaffirmed a “neutral” rating and set a $64.00 target price (up from $60.00) on shares of Vista Energy in a report on Friday, January 3rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Vista Energy has a consensus rating of “Moderate Buy” and a consensus target price of $64.60.

Vista Energy Price Performance

Shares of NYSE:VIST opened at $51.45 on Thursday. The firm’s 50 day moving average is $55.28 and its two-hundred day moving average is $51.11. Vista Energy has a 52 week low of $31.92 and a 52 week high of $61.67. The firm has a market capitalization of $4.90 billion, a P/E ratio of 9.97, a PEG ratio of 0.80 and a beta of 1.70. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.48.

Institutional Investors Weigh In On Vista Energy

Hedge funds have recently modified their holdings of the stock. Principal Securities Inc. raised its position in Vista Energy by 16,166.7% during the fourth quarter. Principal Securities Inc. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 485 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Vista Energy by 40.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,532 shares of the company’s stock worth $83,000 after purchasing an additional 441 shares during the last quarter. GAMMA Investing LLC increased its position in Vista Energy by 332.4% in the 4th quarter. GAMMA Investing LLC now owns 2,136 shares of the company’s stock worth $116,000 after purchasing an additional 1,642 shares during the last quarter. Legal & General Group Plc increased its position in Vista Energy by 32.9% in the 4th quarter. Legal & General Group Plc now owns 2,269 shares of the company’s stock worth $123,000 after purchasing an additional 562 shares during the last quarter. Finally, FMR LLC increased its position in Vista Energy by 3,262.5% in the 3rd quarter. FMR LLC now owns 3,497 shares of the company’s stock worth $154,000 after purchasing an additional 3,393 shares during the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

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.