Equities researchers at Royal Bank of Canada began coverage on shares of Vistra Energy (NYSE:VST) in a research report issued to clients and investors on Wednesday. The firm set an “outperform” rating and a $21.00 price target on the stock. Royal Bank of Canada’s price target points to a potential upside of 16.67% from the company’s current price.

A number of other analysts have also weighed in on the company. Zacks Investment Research upgraded Vistra Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, December 13th. Deutsche Bank upgraded Vistra Energy to a “buy” rating and set a $21.00 target price for the company in a research note on Tuesday, October 31st. Bank of America initiated coverage on Vistra Energy in a research note on Tuesday, October 24th. They issued a “buy” rating and a $22.00 target price for the company. Evercore ISI initiated coverage on Vistra Energy in a research note on Friday, October 20th. They issued an “outperform” rating and a $21.50 target price for the company. Finally, SunTrust Banks initiated coverage on Vistra Energy in a research note on Tuesday, October 10th. They issued a “hold” rating and a $18.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $19.79.

Shares of Vistra Energy (VST) traded up $0.21 during midday trading on Wednesday, hitting $18.00. The company’s stock had a trading volume of 4,859,400 shares, compared to its average volume of 3,154,028. Vistra Energy has a 12 month low of $14.50 and a 12 month high of $21.20. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.18 and a quick ratio of 1.92.

Vistra Energy (NYSE:VST) last issued its quarterly earnings data on Friday, November 3rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.32. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Vistra Energy had a return on equity of 352.77% and a net margin of 416.84%. Vistra Energy’s revenue was up 8.5% on a year-over-year basis. sell-side analysts predict that Vistra Energy will post 0.41 earnings per share for the current year.

In other news, COO James A. Burke acquired 13,500 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of $18.24 per share, for a total transaction of $246,240.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider James A. Burke sold 12,621 shares of Vistra Energy stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $19.27, for a total value of $243,206.67. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 27,050 shares of company stock valued at $491,871.

Hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP acquired a new stake in Vistra Energy in the third quarter worth about $124,000. Public Employees Retirement Association of Colorado acquired a new stake in Vistra Energy in the second quarter worth about $127,000. Macquarie Group Ltd. acquired a new stake in Vistra Energy in the third quarter worth about $187,000. Virtu KCG Holdings LLC acquired a new stake in Vistra Energy in the second quarter worth about $182,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in Vistra Energy in the third quarter worth about $204,000.

COPYRIGHT VIOLATION WARNING: “Vistra Energy (VST) Coverage Initiated by Analysts at Royal Bank of Canada” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark laws. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/12/20/royal-bank-of-canada-reaffirms-outperform-rating-for-vistra-energy-vst.html.

Vistra Energy 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.

Analyst Recommendations for Vistra Energy (NYSE:VST)

Receive News & Ratings for Vistra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra Energy and related companies with MarketBeat.com's FREE daily email newsletter.