Vistra Energy (NYSE:VST)‘s stock had its “buy” rating reissued by investment analysts at Guggenheim in a note issued to investors on Tuesday. They presently have a $39.00 target price on the stock. Guggenheim’s target price would suggest a potential upside of 49.25% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. Macquarie set a $33.00 target price on Vistra Energy and gave the stock a “buy” rating in a research note on Saturday, February 9th. Deutsche Bank set a $32.00 price target on shares of Vistra Energy and gave the stock a “buy” rating in a research report on Friday, February 8th. Zacks Investment Research cut Vistra Energy from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 12th. TheStreet upgraded Vistra Energy from a “c” rating to a “b-” rating in a research note on Monday, December 3rd. Finally, SunTrust Banks upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and lifted their price target for the company from $25.00 to $26.00 in a report on Thursday, October 25th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $28.80.
Shares of NYSE VST opened at $26.13 on Tuesday. The stock has a market cap of $13.26 billion, a PE ratio of 27.22 and a beta of 0.60. The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 1.32. Vistra Energy has a 12 month low of $18.90 and a 12 month high of $26.61.
Several hedge funds have recently modified their holdings of VST. FMR LLC boosted its holdings in shares of Vistra Energy by 56.9% during the 2nd quarter. FMR LLC now owns 19,855,248 shares of the company’s stock worth $469,775,000 after buying an additional 7,199,689 shares during the period. Franklin Resources Inc. increased its position in shares of Vistra Energy by 49.9% during the third quarter. Franklin Resources Inc. now owns 21,123,295 shares of the company’s stock worth $525,544,000 after acquiring an additional 7,029,776 shares during the period. Boston Partners increased its stake in shares of Vistra Energy by 180.9% during the 4th quarter. Boston Partners now owns 9,427,821 shares of the company’s stock worth $215,803,000 after purchasing an additional 6,071,619 shares in the last quarter. Scopia Capital Management LP grew its position in shares of Vistra Energy by 43.7% during the 3rd quarter. Scopia Capital Management LP now owns 12,071,361 shares of the company’s stock valued at $300,335,000 after buying an additional 3,672,849 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in shares of Vistra Energy by 2,362.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,728,946 shares of the company’s stock worth $119,000 after buying an additional 2,618,107 shares during the period.
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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