Vistra Energy Corp. (VST) Rating Increased to Buy at Zacks Investment Research
Vistra Energy Corp. (NYSE:VST) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday. The firm currently has a $20.00 target price on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 12.93% from the company’s previous close.
According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “
A number of other equities research analysts have also weighed in on the company. Guggenheim began coverage on Vistra Energy Corp. in a report on Tuesday, September 5th. They issued a “buy” rating and a $20.00 price objective on the stock. Barclays PLC reaffirmed a “hold” rating and issued a $17.00 price objective on shares of Vistra Energy Corp. in a report on Tuesday, July 25th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Vistra Energy Corp. in a report on Saturday, July 22nd. Tudor Pickering began coverage on Vistra Energy Corp. in a report on Monday, June 26th. They issued a “buy” rating and a $21.00 price objective on the stock. Finally, UBS AG reaffirmed a “sell” rating and issued a $14.00 price objective on shares of Vistra Energy Corp. in a report on Wednesday, May 24th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. Vistra Energy Corp. currently has a consensus rating of “Buy” and an average price target of $18.67.
Vistra Energy Corp. (VST) opened at 17.71 on Thursday. The firm’s 50 day moving average price is $17.20 and its 200-day moving average price is $16.23. The firm has a market cap of $7.57 billion and a PE ratio of 10.36. Vistra Energy Corp. has a one year low of $0.01 and a one year high of $25.24.
Vistra Energy Corp. (NYSE:VST) last announced its quarterly earnings data on Friday, August 4th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. Equities analysts predict that Vistra Energy Corp. will post $0.63 EPS for the current fiscal year.
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Large investors have recently made changes to their positions in the company. Public Employees Retirement Association of Colorado purchased a new stake in shares of Vistra Energy Corp. during the 2nd quarter worth approximately $127,000. World Asset Management Inc purchased a new stake in shares of Vistra Energy Corp. during the 2nd quarter worth approximately $168,000. Virtu KCG Holdings LLC purchased a new stake in shares of Vistra Energy Corp. during the 2nd quarter worth approximately $182,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Vistra Energy Corp. during the 2nd quarter worth approximately $229,000. Finally, Gotham Asset Management LLC purchased a new stake in shares of Vistra Energy Corp. during the 2nd quarter worth approximately $241,000.
About Vistra Energy Corp.
Vistra Energy Corp, formerly TCEH Corp. is a holding company. The Company is an energy company, which is focused on energy and power generation markets through operation as a generator and retailer of electricity in Texas market. Its portfolio of businesses consists primarily of Luminant and TXU Energy.
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