Vistra Energy Corp. (NYSE:VST) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The brokerage presently has a $20.00 price target on the stock. Zacks Investment Research‘s price objective points to a potential upside of 12.49% from the company’s current price.

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. “

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

Shares of Vistra Energy Corp. (NYSE VST) opened at 17.78 on Thursday. The stock has a 50 day moving average price of $17.20 and a 200 day moving average price of $16.23. Vistra Energy Corp. has a 52 week low of $0.01 and a 52 week high of $25.24. The firm has a market capitalization of $7.60 billion and a PE ratio of 10.40.

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

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Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in shares of Vistra Energy Corp. during the 2nd quarter worth $134,409,000. Matlinpatterson Global Advisers LLC acquired a new position in Vistra Energy Corp. in the 2nd quarter valued at $8,352,000. OZ Management LP acquired a new position in Vistra Energy Corp. in the 2nd quarter valued at $168,582,000. Wedbush Securities Inc. acquired a new position in Vistra Energy Corp. in the 2nd quarter valued at $1,144,000. Finally, Utah Retirement Systems acquired a new position in Vistra Energy Corp. in the 2nd quarter valued at $740,000.

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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