Vistra Energy Corp (NYSE:VST) has received a consensus recommendation of “Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $20.41.
Several research firms have recently commented on VST. Royal Bank of Canada reissued a “buy” rating and issued a $23.00 price objective on shares of Vistra Energy in a research note on Thursday. SunTrust Banks reiterated a “hold” rating and issued a $19.00 price target on shares of Vistra Energy in a research note on Thursday, December 21st. Zacks Investment Research downgraded shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Thursday, October 19th. Deutsche Bank upgraded shares of Vistra Energy to a “buy” rating and set a $21.00 price target for the company in a research note on Tuesday, October 31st. Finally, Wolfe Research upgraded shares of Vistra Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 18th.
Vistra Energy (NYSE VST) traded down $0.20 during midday trading on Friday, hitting $19.44. 509,878 shares of the stock traded hands, compared to its average volume of 3,818,301. The company has a quick ratio of 1.92, a current ratio of 2.18 and a debt-to-equity ratio of 0.65. Vistra Energy has a twelve month low of $14.50 and a twelve month high of $21.20.
In related news, insider Curtis A. Morgan acquired 19,094 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were bought at an average price of $18.34 per share, with a total value of $350,183.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James A. Burke sold 12,621 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $19.27, for a total transaction of $243,206.67. The disclosure for this sale can be found here. Insiders purchased 47,344 shares of company stock valued at $864,164 in the last quarter.
A number of hedge funds have recently added to or reduced their stakes in VST. Quantbot Technologies LP acquired a new stake in Vistra Energy during the third quarter worth approximately $124,000. Virtu KCG Holdings LLC acquired a new stake in Vistra Energy during the second quarter worth approximately $182,000. Macquarie Group Ltd. acquired a new stake in Vistra Energy during the third quarter worth approximately $187,000. SG Americas Securities LLC acquired a new stake in Vistra Energy during the fourth quarter worth approximately $198,000. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Vistra Energy in the 3rd quarter valued at $204,000.
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Vistra Energy 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.
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