Vistra Energy Corp. (NYSE:VST) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

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. “

VST has been the topic of a number of other reports. Citigroup Inc. began coverage on shares of Vistra Energy Corp. in a research note on Thursday, September 28th. They set a “buy” rating and a $22.00 price objective on the stock. Barclays PLC reiterated a “hold” rating and set a $17.00 price objective on shares of Vistra Energy Corp. in a research note on Tuesday, July 25th. Deutsche Bank AG reiterated a “buy” rating and set a $20.00 price objective on shares of Vistra Energy Corp. in a research note on Saturday, July 22nd. Tudor Pickering began coverage on shares of Vistra Energy Corp. in a research note on Monday, June 26th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, Guggenheim began coverage on shares of Vistra Energy Corp. in a research note on Tuesday, September 5th. They set a “buy” rating and a $20.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $19.35.

Vistra Energy Corp. (NYSE:VST) traded up 1.06% during trading on Thursday, reaching $19.03. 1,608,228 shares of the company’s stock were exchanged. Vistra Energy Corp. has a 52-week low of $0.01 and a 52-week high of $19.33. The firm has a market cap of $8.14 billion and a P/E ratio of 11.14. The stock’s 50 day moving average price is $18.42 and its 200 day moving average price is $16.74.

Vistra Energy Corp. (NYSE:VST) last announced its quarterly earnings data on Friday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Equities research analysts anticipate that Vistra Energy Corp. will post $0.51 EPS for the current fiscal year.

WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/10/22/vistra-energy-corp-vst-lowered-to-sell-at-zacks-investment-research.html.

Several institutional investors and hedge funds have recently bought and sold shares of VST. Koch Industries Inc. acquired a new stake in shares of Vistra Energy Corp. in the 2nd quarter valued at approximately $82,584,000. Brookfield Asset Management Inc. acquired a new stake in shares of Vistra Energy Corp. in the 2nd quarter valued at approximately $1,226,917,000. Apollo Management Holdings L.P. acquired a new stake in shares of Vistra Energy Corp. in the 2nd quarter valued at approximately $887,790,000. Vanguard Group Inc. acquired a new stake in shares of Vistra Energy Corp. in the 2nd quarter valued at approximately $382,296,000. Finally, Franklin Resources Inc. acquired a new stake in shares of Vistra Energy Corp. in the 2nd quarter valued at approximately $294,121,000.

Vistra Energy Corp. Company Profile

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.

Get a free copy of the Zacks research report on Vistra Energy Corp. (VST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Vistra Energy Corp. (NYSE:VST)

Receive News & Ratings for Vistra Energy Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy Corp. and related companies with MarketBeat.com's FREE daily email newsletter.