Zacks Investment Research upgraded shares of Vistra Energy Corp. (NYSE:VST) from a hold rating to a buy rating in a report released on Saturday morning. Zacks Investment Research currently has $20.00 target price on the stock.

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. “

A number of other research firms also recently commented on VST. Barclays PLC started coverage on shares of Vistra Energy Corp. in a report on Thursday, June 8th. They issued an equal weight rating and a $16.00 target price on the stock. UBS AG reissued a sell rating and issued a $14.00 price target on shares of Vistra Energy Corp. in a report on Wednesday, May 24th. Tudor Pickering assumed coverage on shares of Vistra Energy Corp. in a report on Monday, June 26th. They issued a buy rating and a $21.00 price target on the stock. Finally, Deutsche Bank AG reissued a buy rating and issued a $20.00 price target on shares of Vistra Energy Corp. in a report on Saturday, July 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $18.40.

Shares of Vistra Energy Corp. (NYSE VST) traded up 0.57% during mid-day trading on Friday, reaching $17.75. 729,940 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $16.78 and its 200-day moving average price is $16.21. Vistra Energy Corp. has a 12-month low of $13.50 and a 12-month high of $25.24. The stock has a market cap of $7.59 billion and a price-to-earnings ratio of 10.39.

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 Zacks’ consensus estimate of $0.04 by $0.03. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Equities research analysts forecast that Vistra Energy Corp. will post $0.59 earnings per share for the current year.

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Several hedge funds have recently bought and sold shares of VST. Bank of New York Mellon Corp bought a new stake in shares of Vistra Energy Corp. during the second quarter worth $12,809,000. State of Wisconsin Investment Board bought a new stake in shares of Vistra Energy Corp. during the second quarter worth $799,000. Wedbush Securities Inc. bought a new stake in shares of Vistra Energy Corp. during the second quarter worth $1,144,000. Rhumbline Advisers bought a new stake in shares of Vistra Energy Corp. during the second quarter worth $3,570,000. Finally, First Trust Advisors LP bought a new stake in shares of Vistra Energy Corp. during the second quarter worth $2,261,000. Institutional investors and hedge funds own 4.14% of the company’s stock.

Vistra Energy Corp. Company Profile

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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