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.
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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