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Vistra (NYSE:VST) PT Lowered to $150.00 at UBS Group


Vistra (NYSE:VST) PT Lowered to $150.00 at UBS Group

Vistra (NYSE:VST - Get Free Report) had its target price lowered by equities research analysts at UBS Group from $157.00 to $150.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's price target suggests a potential upside of 19.23% from the company's current price.

A number of other analysts have also issued reports on VST. BMO Capital Markets reissued an "outperform" rating and set a $146.00 target price (up from $125.00) on shares of Vistra in a research note on Friday, October 4th. Royal Bank of Canada upped their price objective on shares of Vistra from $105.00 to $141.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. Jefferies Financial Group upped their price objective on shares of Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a research note on Tuesday, September 24th. BNP Paribas began coverage on shares of Vistra in a research note on Monday, October 14th. They issued an "outperform" rating and a $231.00 price objective for the company. Finally, Guggenheim upped their price objective on shares of Vistra from $133.00 to $177.00 and gave the stock a "buy" rating in a research note on Tuesday, October 8th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, Vistra presently has an average rating of "Buy" and an average price target of $145.30.

Check Out Our Latest Analysis on Vistra

Shares of VST traded down $4.57 during trading hours on Tuesday, reaching $125.81. 2,218,111 shares of the company traded hands, compared to its average volume of 6,968,670. The firm has a market cap of $43.22 billion, a price-to-earnings ratio of 92.51 and a beta of 1.10. Vistra has a 12-month low of $31.43 and a 12-month high of $143.87. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 2.89. The stock's fifty day moving average price is $100.83 and its 200 day moving average price is $89.58.

Vistra (NYSE:VST - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.59 by ($0.69). The company had revenue of $3.85 billion for the quarter, compared to analysts' expectations of $4.04 billion. Vistra had a net margin of 4.61% and a return on equity of 21.05%. During the same period in the prior year, the firm posted $1.03 earnings per share. Sell-side analysts forecast that Vistra will post 4.7 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vistra in the third quarter worth about $30,000. CVA Family Office LLC increased its holdings in shares of Vistra by 1,505.9% during the third quarter. CVA Family Office LLC now owns 273 shares of the company's stock valued at $32,000 after acquiring an additional 256 shares in the last quarter. Redwood Wealth Management Group LLC acquired a new position in shares of Vistra during the second quarter valued at about $26,000. ORG Wealth Partners LLC acquired a new position in shares of Vistra during the third quarter valued at about $40,000. Finally, Mather Group LLC. acquired a new position in shares of Vistra during the first quarter valued at about $26,000. 90.88% of the stock is currently owned by institutional investors.

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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