Analysts Set $19.50 Target Price for Vistra Energy Corp. (VST)

Vistra Energy Corp. (NYSE:VST) has been assigned a consensus broker rating score of 1.50 (Buy) from the four brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and three have issued a strong buy rating on the company. Vistra Energy Corp.’s rating score has declined by 50% in the last three months as a result of various analysts’ upgrades and downgrades.

Brokerages have set a twelve-month consensus target price of $19.50 for the company, according to Zacks. Zacks has also assigned Vistra Energy Corp. an industry rank of 105 out of 265 based on the ratings given to related companies.

A number of research firms have recently commented on VST. Zacks Investment Research raised shares of Vistra Energy Corp. from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Thursday, August 10th. UBS AG reaffirmed a “sell” rating and set a $14.00 price objective on shares of Vistra Energy Corp. in a report on Wednesday, May 24th. Barclays PLC reaffirmed a “hold” rating and set a $17.00 price objective on shares of Vistra Energy Corp. in a report on Tuesday, July 25th. Tudor Pickering began coverage on shares of Vistra Energy Corp. in a report on Monday, June 26th. They set a “buy” rating and a $21.00 price objective for the company. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $20.00 price objective on shares of Vistra Energy Corp. in a report on Saturday, July 22nd.

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Several institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement Association of Colorado acquired a new position in Vistra Energy Corp. during the second quarter worth approximately $127,000. World Asset Management Inc acquired a new position in Vistra Energy Corp. during the second quarter worth approximately $168,000. Virtu KCG Holdings LLC acquired a new position in Vistra Energy Corp. during the second quarter worth approximately $182,000. Oppenheimer Asset Management Inc. acquired a new position in Vistra Energy Corp. during the second quarter worth approximately $229,000. Finally, Gotham Asset Management LLC acquired a new position in Vistra Energy Corp. during the second quarter worth approximately $241,000. 4.14% of the stock is owned by institutional investors.

Vistra Energy Corp. (NYSE:VST) traded up 2.45% during midday trading on Tuesday, hitting $17.54. 1,571,911 shares of the stock traded hands. The stock has a market cap of $7.50 billion and a PE ratio of 10.26. The company has a 50-day moving average of $16.65 and a 200-day moving average of $16.17. Vistra Energy Corp. has a 1-year low of $0.01 and a 1-year high of $25.24.

Vistra Energy Corp. (NYSE:VST) last issued its quarterly earnings results on Friday, August 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by $0.03. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. On average, equities analysts expect that Vistra Energy Corp. will post $0.59 EPS for the current fiscal year.

Vistra Energy Corp. 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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