Vistra Energy Corp. (VST) Rating Increased to Buy at Deutsche Bank AG

Vistra Energy Corp. (NYSE:VST) was upgraded by analysts at Deutsche Bank AG to a “buy” rating in a research note issued to investors on Tuesday. The firm presently has a $21.00 price objective on the stock. Deutsche Bank AG’s target price would suggest a potential upside of 8.02% from the company’s current price.

A number of other research analysts also recently weighed in on VST. Barclays PLC reissued a “hold” rating and issued a $17.00 price objective on shares of Vistra Energy Corp. in a research note on Tuesday, July 25th. Zacks Investment Research raised Vistra Energy Corp. from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Thursday, August 10th. Guggenheim initiated coverage on Vistra Energy Corp. in a research note on Tuesday, September 5th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Credit Suisse Group initiated coverage on Vistra Energy Corp. in a research note on Wednesday, September 20th. They issued an “outperform” rating and a $20.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.68.

Vistra Energy Corp. (NYSE:VST) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.30 billion.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Koch Industries Inc. bought a new position in Vistra Energy Corp. in the 2nd quarter worth approximately $82,584,000. Brookfield Asset Management Inc. bought a new position in Vistra Energy Corp. in the 2nd quarter worth approximately $1,226,917,000. Apollo Management Holdings L.P. bought a new position in Vistra Energy Corp. in the 2nd quarter worth approximately $887,790,000. Vanguard Group Inc. bought a new position in Vistra Energy Corp. in the 2nd quarter worth approximately $382,296,000. Finally, Franklin Resources Inc. bought a new position in Vistra Energy Corp. in the 2nd quarter worth approximately $294,121,000.

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.

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

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