Vistra Energy Corp (NYSE:VST) Receives Consensus Recommendation of “Buy” from Analysts

Vistra Energy Corp (NYSE:VST) has been given an average recommendation of “Buy” by the eleven brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $32.57.

Several research analysts have issued reports on the company. Credit Suisse Group upgraded Vistra Energy from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $26.00 to $32.00 in a research report on Monday, May 6th. Zacks Investment Research lowered Vistra Energy from a “buy” rating to a “hold” rating in a report on Friday, July 19th. ValuEngine lowered Vistra Energy from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America lowered Vistra Energy from a “buy” rating to a “neutral” rating in a report on Wednesday, May 8th. Finally, Macquarie set a $33.00 price target on Vistra Energy and gave the company a “buy” rating in a report on Friday, June 28th.

Shares of NYSE:VST traded down $0.05 during trading hours on Tuesday, hitting $21.67. 39,037 shares of the company’s stock traded hands, compared to its average volume of 3,346,956. Vistra Energy has a 1 year low of $20.83 and a 1 year high of $27.86. The firm has a fifty day simple moving average of $22.47. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of -1,083.50 and a beta of 0.67. The company has a quick ratio of 0.89, a current ratio of 1.03 and a debt-to-equity ratio of 1.40.

Vistra Energy (NYSE:VST) last announced its earnings results on Friday, August 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.41. Vistra Energy had a return on equity of 7.49% and a net margin of 6.25%. The business had revenue of $2.83 billion during the quarter. On average, analysts predict that Vistra Energy will post 2.01 EPS for the current year.

In other Vistra Energy news, insider Brookfield Asset Management In sold 1,900,000 shares of the company’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $23.75, for a total transaction of $45,125,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Stephen J. Muscato sold 1,775 shares of the company’s stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $25.31, for a total value of $44,925.25. The disclosure for this sale can be found here. In the last quarter, insiders purchased 44,250 shares of company stock valued at $1,039,490 and sold 1,920,038 shares valued at $45,632,162. 14.05% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of VST. FMR LLC lifted its stake in Vistra Energy by 25.3% in the 1st quarter. FMR LLC now owns 40,527,479 shares of the company’s stock valued at $1,054,932,000 after buying an additional 8,179,641 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in Vistra Energy by 24.4% in the 1st quarter. Neuberger Berman Group LLC now owns 8,095,332 shares of the company’s stock valued at $210,718,000 after buying an additional 1,586,833 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Vistra Energy by 26.8% in the 2nd quarter. Janus Henderson Group PLC now owns 6,085,941 shares of the company’s stock valued at $137,786,000 after buying an additional 1,284,924 shares in the last quarter. Geode Capital Management LLC lifted its stake in Vistra Energy by 8.2% in the 4th quarter. Geode Capital Management LLC now owns 4,425,732 shares of the company’s stock valued at $101,256,000 after buying an additional 334,942 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Vistra Energy by 8.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,062,114 shares of the company’s stock valued at $92,959,000 after buying an additional 325,256 shares in the last quarter.

About Vistra Energy

Vistra Energy Corp., through its subsidiaries, engages in the integrated power business in Texas. The company operates through Wholesale Generation and Retail Electricity segments. The Wholesale Generation segment engages in the electricity generation, wholesale energy sales and purchases, commodity risk management, fuel production, and fuel logistics management activities.

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Analyst Recommendations for Vistra Energy (NYSE:VST)

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