Vistra Energy (VST) Rating Reiterated by SunTrust Banks

Vistra Energy (NYSE:VST)‘s stock had its “hold” rating reissued by stock analysts at SunTrust Banks in a research report issued on Thursday. They presently have a $19.00 target price on the stock. SunTrust Banks’ price target would suggest a potential upside of 4.63% from the stock’s current price.

Several other brokerages also recently weighed in on VST. Bank of America began coverage on Vistra Energy in a research report on Tuesday, October 24th. They issued a “buy” rating and a $22.00 target price for the company. Deutsche Bank raised Vistra Energy to a “buy” rating and set a $21.00 target price for the company in a research report on Tuesday, October 31st. Evercore ISI began coverage on Vistra Energy in a research report on Friday, October 20th. They issued an “outperform” rating and a $21.50 target price for the company. Zacks Investment Research downgraded Vistra Energy from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Finally, Citigroup began coverage on Vistra Energy in a research report on Thursday, September 28th. They issued a “buy” rating and a $22.00 target price for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. Vistra Energy has an average rating of “Buy” and an average price target of $19.88.

Vistra Energy (VST) remained flat at $$18.16 during mid-day trading on Thursday. 6,193,902 shares of the stock were exchanged, compared to its average volume of 3,180,094. Vistra Energy has a 12-month low of $14.50 and a 12-month high of $21.20. 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 (NYSE:VST) last posted its quarterly earnings results on Friday, November 3rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.32. Vistra Energy had a return on equity of 352.77% and a net margin of 416.84%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.93 billion. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. equities research analysts forecast that Vistra Energy will post 0.41 EPS for the current year.

In related news, insider James A. Burke sold 12,621 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $19.27, for a total value of $243,206.67. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO J William Holden III purchased 1,800 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was acquired at an average price of $19.19 per share, for a total transaction of $34,542.00. The disclosure for this purchase can be found here. Insiders bought 27,250 shares of company stock valued at $495,437 in the last ninety days.

Several large investors have recently added to or reduced their stakes in the stock. Koch Industries Inc. acquired a new position in shares of Vistra Energy in the second quarter worth about $82,584,000. Brookfield Asset Management Inc. acquired a new stake in Vistra Energy during the second quarter valued at approximately $1,226,917,000. Apollo Management Holdings L.P. acquired a new stake in Vistra Energy during the second quarter valued at approximately $887,790,000. Vanguard Group Inc. acquired a new stake in Vistra Energy during the second quarter valued at approximately $382,296,000. Finally, Franklin Resources Inc. acquired a new stake in Vistra Energy during the second quarter valued at approximately $294,121,000.

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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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