After Morgan Stanley and Guggenheim gave Vistra Energy Corp (NYSE: VST) a Buy rating last month, the company received another Buy, this time from Citigroup. Analyst Praful Mehta maintained a Buy rating on Vistra Energy Corp today and set a price target of $36. The company’s shares opened today at $25.97.
According to TipRanks.com, Mehta is a 4-star analyst with an average return of 12.2% and a 76.5% success rate. Mehta covers the Utilities sector, focusing on stocks such as Edison International, Southern Co, and NRG Energy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vistra Energy Corp with a $31.08 average price target, implying a 19.7% upside from current levels. In a report issued on March 27, Guggenheim also reiterated a Buy rating on the stock.
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The company has a one-year high of $27.01 and a one-year low of $20.84. Currently, Vistra Energy Corp has an average volume of 3.59M.
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Vistra Energy Corp. operates as an energy company, which engages in the provision of electricity and power generation. Its portfolio of businesses includes TXU Energy and Luminant. It operates through the following segments: Retail, ERCOT, PJM, NY/NE, MISO, Asset Closure, and Corporate and Other.
