Equities researchers at Royal Bank of Canada assumed coverage on shares of Vistra Energy (NYSE:VST) in a research note issued to investors on Wednesday, MarketBeat reports. The firm set an “outperform” rating and a $21.00 price target on the stock. Royal Bank of Canada’s price objective suggests a potential upside of 15.64% from the stock’s current price.
Several other analysts also recently commented on VST. Citigroup assumed coverage on shares of Vistra Energy in a report on Thursday, September 28th. They set a “buy” rating and a $22.00 target price on the stock. Zacks Investment Research upgraded shares of Vistra Energy from a “sell” rating to a “hold” rating in a report on Wednesday, December 13th. SunTrust Banks assumed coverage on shares of Vistra Energy in a report on Tuesday, October 10th. They set a “hold” rating and a $18.00 target price on the stock. Deutsche Bank upgraded shares of Vistra Energy to a “buy” rating and set a $21.00 target price on the stock in a report on Tuesday, October 31st. Finally, Credit Suisse Group assumed coverage on shares of Vistra Energy in a report on Wednesday, September 20th. They set an “outperform” rating and a $20.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $19.79.
Shares of Vistra Energy (NYSE VST) traded up $0.16 during trading hours on Wednesday, hitting $18.16. 4,206,606 shares of the company were exchanged, compared to its average volume of 3,160,775. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.92 and a current ratio of 2.18. Vistra Energy has a 1-year low of $14.50 and a 1-year high of $21.20.
In other news, Director Scott B. Helm bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was acquired at an average cost of $18.61 per share, with a total value of $93,050.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO James A. Burke bought 13,500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of $18.24 per share, with a total value of $246,240.00. The disclosure for this purchase can be found here. Insiders bought 27,250 shares of company stock worth $495,437 over the last quarter.
Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP bought a new position in shares of Vistra Energy in the third quarter valued at $124,000. Public Employees Retirement Association of Colorado bought a new position in Vistra Energy during the second quarter worth $127,000. Macquarie Group Ltd. bought a new position in Vistra Energy during the third quarter worth $187,000. Virtu KCG Holdings LLC bought a new position in Vistra Energy during the second quarter worth $182,000. Finally, Cubist Systematic Strategies LLC bought a new position in Vistra Energy during the third quarter worth $204,000.
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.
