Vistra Energy (NYSE:VST) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.
Other research analysts also recently issued research reports about the company. Royal Bank of Canada restated a “buy” rating and issued a $24.00 target price on shares of Vistra Energy in a research note on Monday. SunTrust Banks restated a “hold” rating and issued a $21.00 target price on shares of Vistra Energy in a research note on Tuesday, February 27th. Macquarie assumed coverage on Vistra Energy in a research note on Wednesday, March 28th. They issued an “outperform” rating for the company. Zacks Investment Research upgraded Vistra Energy from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Friday, March 30th. Finally, Guggenheim reiterated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a research report on Tuesday, January 23rd. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $21.88.
NYSE VST traded up $1.15 during trading hours on Monday, hitting $20.83. The company had a trading volume of 11,280,532 shares, compared to its average volume of 4,499,875. Vistra Energy has a 52 week low of $14.50 and a 52 week high of $21.43. The company has a quick ratio of 1.79, a current ratio of 1.98 and a debt-to-equity ratio of 0.69. The company has a market cap of $8,431.85 and a P/E ratio of 21.70.
Vistra Energy (NYSE:VST) last issued its earnings results on Monday, February 26th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.03 by $0.10. Vistra Energy had a positive return on equity of 6.15% and a negative net margin of 4.68%. The business had revenue of $944.00 million during the quarter, compared to the consensus estimate of $1.82 billion. equities research analysts anticipate that Vistra Energy will post 0.89 EPS for the current year.
Several institutional investors and hedge funds have recently modified their holdings of VST. Goldman Sachs Group Inc. boosted its position in shares of Vistra Energy by 257.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 6,343,801 shares of the company’s stock valued at $116,218,000 after acquiring an additional 4,567,046 shares during the last quarter. Citadel Advisors LLC boosted its position in shares of Vistra Energy by 1,118.3% during the 4th quarter. Citadel Advisors LLC now owns 4,699,992 shares of the company’s stock valued at $86,104,000 after acquiring an additional 4,314,196 shares during the last quarter. Luminus Management LLC boosted its position in shares of Vistra Energy by 1,388.0% during the 4th quarter. Luminus Management LLC now owns 4,396,233 shares of the company’s stock valued at $80,539,000 after acquiring an additional 4,100,780 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Vistra Energy by 22.1% during the 4th quarter. BlackRock Inc. now owns 14,738,498 shares of the company’s stock valued at $270,008,000 after buying an additional 2,671,806 shares in the last quarter. Finally, Goldentree Asset Management LP purchased a new position in shares of Vistra Energy during the 4th quarter valued at about $33,087,000.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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