Zacks Investment Research downgraded shares of Vistra Energy Corp. (NYSE:VST) from a buy rating to a hold rating in a research note issued to investors on Wednesday.

According to Zacks, “Vistra Energy Corp. is an energy company. It offers electricity and power generation, distribution and transmission solutions. Vistra Energy Corp. is based in Dallas, United States. “

Several other research analysts also recently weighed in on the company. Barclays PLC initiated coverage on Vistra Energy Corp. in a research note on Thursday, June 8th. They set an equal weight rating and a $16.00 target price on the stock. Tudor Pickering initiated coverage on Vistra Energy Corp. in a research note on Monday, June 26th. They set a buy rating and a $21.00 target price on the stock. Deutsche Bank AG restated a buy rating and set a $20.00 target price on shares of Vistra Energy Corp. in a research note on Saturday, July 22nd. Guggenheim initiated coverage on Vistra Energy Corp. in a research note on Tuesday, September 5th. They set a buy rating and a $20.00 target price on the stock. Finally, UBS AG restated a sell rating and set a $14.00 target price on shares of Vistra Energy Corp. in a research note on Wednesday, May 24th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. Vistra Energy Corp. presently has an average rating of Buy and an average target price of $18.67.

Vistra Energy Corp. (NYSE:VST) traded up 0.90% on Wednesday, reaching $17.87. The company’s stock had a trading volume of 330,794 shares. Vistra Energy Corp. has a 1-year low of $0.01 and a 1-year high of $25.24. The firm’s 50 day moving average price is $17.20 and its 200-day moving average price is $16.23. The company has a market capitalization of $7.64 billion and a price-to-earnings ratio of 10.46.

Vistra Energy Corp. (NYSE:VST) last announced its earnings results on Friday, August 4th. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Equities analysts forecast that Vistra Energy Corp. will post $0.63 earnings per share for the current year.

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Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new stake in Vistra Energy Corp. during the 2nd quarter worth about $134,409,000. Matlinpatterson Global Advisers LLC acquired a new stake in Vistra Energy Corp. during the 2nd quarter worth about $8,352,000. OZ Management LP acquired a new stake in Vistra Energy Corp. during the 2nd quarter worth about $168,582,000. Wedbush Securities Inc. acquired a new stake in Vistra Energy Corp. during the 2nd quarter worth about $1,144,000. Finally, IMS Capital Management acquired a new stake in Vistra Energy Corp. during the 2nd quarter worth about $848,000.

About Vistra Energy Corp.

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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