Vistra Energy (NYSE:VST) was upgraded by equities researchers at Wolfe Research from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Several other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of Vistra Energy from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. SunTrust Banks reissued a “hold” rating and issued a $19.00 price target on shares of Vistra Energy in a research report on Thursday, December 21st. Royal Bank of Canada assumed coverage on shares of Vistra Energy in a research report on Wednesday, December 20th. They issued an “outperform” rating and a $21.00 price target for the company. Deutsche Bank upgraded shares of Vistra Energy to a “buy” rating and set a $21.00 price objective on the stock in a report on Tuesday, October 31st. Finally, Bank of America assumed coverage on shares of Vistra Energy in a report on Tuesday, October 24th. They issued a “buy” rating and a $22.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $19.88.

Shares of Vistra Energy (VST) traded up $0.46 during mid-day trading on Thursday, reaching $18.44. 4,216,900 shares of the company’s stock traded hands, compared to its average volume of 3,534,982. 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 has a 52 week low of $14.50 and a 52 week high of $21.20.

Vistra Energy (NYSE:VST) last issued its quarterly earnings results on Friday, November 3rd. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.32. Vistra Energy had a net margin of 416.84% and a return on equity of 352.77%. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.93 billion. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. equities analysts forecast that Vistra Energy will post 0.41 EPS for the current fiscal year.

In related news, insider Curtis A. Morgan purchased 19,094 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The shares were purchased at an average cost of $18.34 per share, for a total transaction of $350,183.96. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CFO J William Holden III purchased 1,800 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were bought at an average price of $19.19 per share, for a total transaction of $34,542.00. The disclosure for this purchase can be found here. Insiders bought a total of 47,144 shares of company stock worth $860,320 over the last 90 days.

Large investors have recently made changes to their positions in the stock. Koch Industries Inc. purchased a new position in Vistra Energy during the 2nd quarter worth $82,584,000. Brookfield Asset Management Inc. purchased a new position in Vistra Energy during the 2nd quarter worth $1,226,917,000. Apollo Management Holdings L.P. purchased a new stake in shares of Vistra Energy in the second quarter valued at about $887,790,000. Vanguard Group Inc. purchased a new stake in shares of Vistra Energy in the second quarter valued at about $382,296,000. Finally, Centerbridge Partners L.P. purchased a new stake in shares of Vistra Energy in the second quarter valued at about $239,041,000.

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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.

The Fly

Analyst Recommendations for Vistra Energy (NYSE:VST)

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