Macquarie Analysts Give Vistra Energy (VST) a $33.00 Price Target

Macquarie set a $33.00 target price on Vistra Energy (NYSE:VST) in a research report released on Saturday. The firm currently has a buy rating on the stock.

VST has been the subject of a number of other reports. Zacks Investment Research cut Vistra Energy from a buy rating to a strong sell rating in a research note on Thursday, November 8th. Deutsche Bank set a $32.00 price objective on Vistra Energy and gave the stock a buy rating in a research note on Friday. SunTrust Banks upgraded Vistra Energy from a hold rating to a buy rating and upped their price objective for the stock from $25.00 to $26.00 in a research note on Thursday, October 25th. They noted that the move was a valuation call. TheStreet upgraded Vistra Energy from a c rating to a b- rating in a research note on Monday, December 3rd. Finally, Citigroup decreased their price target on Vistra Energy from $30.00 to $29.00 and set a buy rating for the company in a research note on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. Vistra Energy presently has an average rating of Buy and a consensus price target of $27.67.

Shares of NYSE VST opened at $25.93 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.06 and a quick ratio of 0.93. The firm has a market cap of $13.08 billion, a P/E ratio of 27.01 and a beta of 0.60. Vistra Energy has a 1-year low of $18.05 and a 1-year high of $26.29.

In other Vistra Energy news, major shareholder Apollo Management Holdings Gp, sold 14,329,658 shares of the stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $23.00, for a total value of $329,582,134.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 15.66% of the company’s stock.

Large investors have recently made changes to their positions in the company. IFP Advisors Inc raised its stake in shares of Vistra Energy by 44.4% in the fourth quarter. IFP Advisors Inc now owns 1,727 shares of the company’s stock worth $39,000 after purchasing an additional 531 shares during the last quarter. Enlightenment Research LLC purchased a new position in shares of Vistra Energy in the fourth quarter worth about $62,000. Rehmann Capital Advisory Group raised its stake in shares of Vistra Energy by 2,387.3% in the third quarter. Rehmann Capital Advisory Group now owns 2,935 shares of the company’s stock worth $118,000 after purchasing an additional 2,817 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Vistra Energy by 510.3% in the third quarter. PNC Financial Services Group Inc. now owns 4,431 shares of the company’s stock worth $111,000 after purchasing an additional 3,705 shares during the last quarter. Finally, Advisors Asset Management Inc. purchased a new position in shares of Vistra Energy in the second quarter worth about $113,000.

Vistra Energy Company Profile

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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