Zacks Investment Research Lowers Vistra Energy Corp. (VST) to Sell

Zacks Investment Research downgraded shares of Vistra Energy Corp. (NYSE:VST) from a hold rating to a sell rating in a report published on Thursday morning.

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. “

Other equities research analysts have also recently issued reports about the stock. Citigroup Inc. started coverage on shares of Vistra Energy Corp. in a research report on Thursday, September 28th. They issued a buy rating and a $22.00 target price for the company. Deutsche Bank AG reaffirmed a buy rating and issued a $20.00 target price on shares of Vistra Energy Corp. in a research report on Saturday, July 22nd. Tudor Pickering started coverage on shares of Vistra Energy Corp. in a research report on Monday, June 26th. They issued a buy rating and a $21.00 target price for the company. Guggenheim started coverage on shares of Vistra Energy Corp. in a research report on Tuesday, September 5th. They issued a buy rating and a $20.00 target price for the company. Finally, Barclays PLC reaffirmed a hold rating and issued a $17.00 target price on shares of Vistra Energy Corp. in a research report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $19.35.

Shares of Vistra Energy Corp. (NYSE VST) opened at 19.03 on Thursday. The company has a market capitalization of $8.14 billion and a P/E ratio of 11.14. Vistra Energy Corp. has a 1-year low of $13.50 and a 1-year high of $19.33. The firm has a 50-day moving average of $18.42 and a 200 day moving average of $16.74.

Vistra Energy Corp. (NYSE:VST) last posted its earnings results on Friday, August 4th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. On average, equities research analysts expect that Vistra Energy Corp. will post $0.51 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Zacks Investment Research Lowers Vistra Energy Corp. (VST) to Sell” was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://ledgergazette.com/2017/10/22/zacks-investment-research-lowers-vistra-energy-corp-vst-to-sell.html.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement Association of Colorado purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $127,000. World Asset Management Inc purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $168,000. Virtu KCG Holdings LLC purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $182,000. Oppenheimer Asset Management Inc. purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $229,000. Finally, Gotham Asset Management LLC purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $241,000.

About Vistra Energy Corp.

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.

Get a free copy of the Zacks research report on Vistra Energy Corp. (VST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Vistra En

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                 <p>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.   “</p>
<p>Other equities research analysts have also recently issued reports about the stock. Citigroup Inc. started coverage on shares of Vistra Energy Corp. in a research report on Thursday, September 28th. They issued a buy rating and a $22.00 target price for the company. Deutsche Bank AG  reaffirmed a buy rating and issued a $20.00 target price on shares of Vistra Energy Corp. in a research report on Saturday, July 22nd. Tudor Pickering started coverage on shares of Vistra Energy Corp. in a research report on Monday, June 26th. They issued a buy rating and a $21.00 target price for the company. Guggenheim started coverage on shares of Vistra Energy Corp. in a research report on Tuesday, September 5th. They issued a buy rating and a $20.00 target price for the company. Finally, Barclays PLC  reaffirmed a hold rating and issued a $17.00 target price on shares of Vistra Energy Corp. in a research report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, two have issued  a hold rating and six have assigned  a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $19.35.</p>
<p>Shares of Vistra Energy Corp. (<a href=NYSE VST) opened at 19.03 on Thursday. The company has a market capitalization of $8.14 billion and a P/E ratio of 11.14. Vistra Energy Corp. has a 1-year low of $13.50 and a 1-year high of $19.33. The firm has a 50-day moving average of $18.42 and a 200 day moving average of $16.74.

Vistra Energy Corp. (NYSE:VST) last posted its earnings results on Friday, August 4th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.30 billion. On average, equities research analysts expect that Vistra Energy Corp. will post $0.51 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Zacks Investment Research Lowers Vistra Energy Corp. (VST) to Sell” was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://ledgergazette.com/2017/10/22/zacks-investment-research-lowers-vistra-energy-corp-vst-to-sell.html.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement Association of Colorado purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $127,000. World Asset Management Inc purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $168,000. Virtu KCG Holdings LLC purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $182,000. Oppenheimer Asset Management Inc. purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $229,000. Finally, Gotham Asset Management LLC purchased a new position in Vistra Energy Corp. during the 2nd quarter valued at about $241,000.

About Vistra Energy Corp.

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.

Get a free copy of the Zacks research report on Vistra Energy Corp. (VST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Vistra Energy Corp. (NYSE:VST)

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