Deutsche Bank AG lowered shares of Dynegy Inc. (NYSE:DYN) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.

A number of other research analysts have also recently weighed in on DYN. BidaskClub upgraded shares of Dynegy from a sell rating to a hold rating in a report on Tuesday, June 27th. Barclays PLC restated a buy rating and issued a $13.00 price objective on shares of Dynegy in a report on Tuesday, July 25th. Guggenheim restated a buy rating and issued a $18.00 price objective (up previously from $14.00) on shares of Dynegy in a report on Monday, August 21st. Royal Bank Of Canada restated a hold rating and issued a $8.00 price objective on shares of Dynegy in a report on Monday, September 4th. Finally, Zacks Investment Research cut shares of Dynegy from a hold rating to a sell rating in a report on Tuesday, October 10th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Dynegy currently has an average rating of Hold and a consensus price target of $11.00.

Shares of Dynegy (DYN) traded down 0.11% during trading on Tuesday, reaching $9.43. 1,853,565 shares of the company’s stock were exchanged. Dynegy has a 12-month low of $5.84 and a 12-month high of $13.59. The stock’s market cap is $1.24 billion. The company has a 50 day moving average of $9.45 and a 200 day moving average of $8.33.

Dynegy (NYSE:DYN) last announced its quarterly earnings data on Thursday, August 3rd. The utilities provider reported ($0.83) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.61). The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $972.27 million. Dynegy had a negative net margin of 2.72% and a negative return on equity of 12.97%. Equities research analysts anticipate that Dynegy will post ($0.69) EPS for the current year.

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Several institutional investors have recently modified their holdings of the company. Oppenheimer Asset Management Inc. boosted its holdings in shares of Dynegy by 11.2% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 16,302 shares of the utilities provider’s stock valued at $135,000 after buying an additional 1,643 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Dynegy by 1.4% in the 1st quarter. Legal & General Group Plc now owns 185,400 shares of the utilities provider’s stock valued at $1,453,000 after buying an additional 2,527 shares in the last quarter. Profund Advisors LLC boosted its holdings in shares of Dynegy by 20.2% in the 2nd quarter. Profund Advisors LLC now owns 15,801 shares of the utilities provider’s stock valued at $131,000 after buying an additional 2,655 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its holdings in shares of Dynegy by 3.3% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 84,419 shares of the utilities provider’s stock valued at $664,000 after buying an additional 2,712 shares in the last quarter. Finally, American International Group Inc. boosted its holdings in shares of Dynegy by 7.1% in the 1st quarter. American International Group Inc. now owns 71,987 shares of the utilities provider’s stock valued at $566,000 after buying an additional 4,760 shares in the last quarter.

Dynegy Company Profile

Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

Analyst Recommendations for Dynegy (NYSE:DYN)

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