Merrill Lynch Keeps Their Hold Rating on Vistra Energy Corp (VST)


Merrill Lynch analyst Julien Dumoulin Smith reiterated a Hold rating on Vistra Energy Corp (VST) today and set a price target of $27. The company’s shares opened today at $21.84, close to its 52-week low of $20.84.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 3.9% and a 61.1% success rate. Smith covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Alliant Energy Corp.

Currently, the analyst consensus on Vistra Energy Corp is a Strong Buy with an average price target of $31.86.

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Based on Vistra Energy Corp’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.3 billion and net profit of $356 million. In comparison, last year the company earned revenue of $2.53 billion and had a net profit of $108 million.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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