Vistra Energy (VST) Price Target Increased to $27.00 by Analysts at Bank of America
Vistra Energy (NYSE:VST) had its price objective lifted by equities research analysts at Bank of America from $25.00 to $27.00 in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Bank of America’s price target indicates a potential upside of 20.81% from the company’s previous close.
Several other research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Vistra Energy from a “hold” rating to a “sell” rating in a research note on Sunday, January 21st. Wolfe Research upgraded shares of Vistra Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 18th. Royal Bank of Canada reiterated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a research note on Thursday, February 1st. Guggenheim reiterated a “buy” rating and set a $23.00 price target on shares of Vistra Energy in a research note on Tuesday, January 23rd. Finally, SunTrust Banks set a $20.00 price target on shares of Vistra Energy and gave the stock a “hold” rating in a research note on Monday, January 22nd. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $22.29.
Shares of Vistra Energy stock traded up $0.36 on Tuesday, hitting $22.35. 5,408,844 shares of the company’s stock were exchanged, compared to its average volume of 2,656,906. The stock has a market capitalization of $9,275.89 and a PE ratio of 23.02. Vistra Energy has a 1 year low of $9.49 and a 1 year high of $22.62. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.98 and a quick ratio of 1.79.
Several hedge funds have recently made changes to their positions in VST. QS Investors LLC bought a new stake in shares of Vistra Energy during the 4th quarter valued at $108,000. Daiwa Securities Group Inc. bought a new stake in Vistra Energy in the 4th quarter valued at $114,000. Metropolitan Life Insurance Co. NY bought a new stake in Vistra Energy in the 4th quarter valued at $128,000. Itau Unibanco Holding S.A. bought a new stake in Vistra Energy in the 4th quarter valued at $142,000. Finally, Macquarie Group Ltd. bought a new stake in Vistra Energy in the 3rd quarter valued at $187,000.
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About Vistra Energy
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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