Dynegy Inc. (NYSE:DYN) has been given a consensus rating of “Hold” by the nine brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $11.00.

A number of brokerages recently commented on DYN. BidaskClub upgraded Dynegy from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada reiterated a “hold” rating and issued a $8.00 target price on shares of Dynegy in a research report on Monday, September 4th. Guggenheim reiterated a “buy” rating and issued a $18.00 target price (up previously from $14.00) on shares of Dynegy in a research report on Monday, August 21st. Deutsche Bank AG dropped their target price on Dynegy from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Monday, August 7th. Finally, Barclays PLC reiterated a “buy” rating and issued a $13.00 target price on shares of Dynegy in a research report on Tuesday, July 25th.

Dynegy (NYSE:DYN) opened at 9.18 on Friday. Dynegy has a 52 week low of $5.84 and a 52 week high of $13.87. The company’s market cap is $1.21 billion. The stock has a 50 day moving average of $8.96 and a 200 day moving average of $8.02.

Dynegy (NYSE:DYN) last issued its earnings results on Thursday, August 3rd. The utilities provider reported ($0.83) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by $0.61. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $972.27 million. Dynegy had a negative net margin of 2.72% and a negative return on equity of 12.97%. Equities research analysts predict that Dynegy will post ($0.69) EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in DYN. Nisa Investment Advisors LLC lifted its holdings in Dynegy by 30.0% in the first quarter. Nisa Investment Advisors LLC now owns 13,000 shares of the utilities provider’s stock valued at $102,000 after acquiring an additional 3,000 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Dynegy by 77.8% in the first quarter. Canada Pension Plan Investment Board now owns 525,200 shares of the utilities provider’s stock valued at $4,128,000 after acquiring an additional 229,800 shares during the period. First Trust Advisors LP lifted its holdings in Dynegy by 64.8% in the first quarter. First Trust Advisors LP now owns 57,645 shares of the utilities provider’s stock valued at $453,000 after acquiring an additional 22,663 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in Dynegy by 20.6% in the first quarter. UBS Asset Management Americas Inc. now owns 94,477 shares of the utilities provider’s stock valued at $743,000 after acquiring an additional 16,143 shares during the period. Finally, Karp Capital Management Corp acquired a new position in Dynegy in the first quarter valued at approximately $165,000.

About Dynegy

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Analyst Recommendations for Dynegy (NYSE:DYN)

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