Vistra (NYSE:VST) Price Target Raised to $125.00 at BMO Capital Markets

Vistra (NYSE:VST) had its target price upped by equities researchers at BMO Capital Markets from $120.00 to $125.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 17.34% from the company’s previous close.

A number of other research firms have also commented on VST. Jefferies Financial Group assumed coverage on Vistra in a research note on Friday, September 13th. They issued a “buy” rating and a $99.00 price objective on the stock. Morgan Stanley lifted their price target on Vistra from $109.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, August 23rd. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $91.71.

Vistra Stock Up 15.1 %

Shares of NYSE VST traded up $14.01 during mid-day trading on Friday, reaching $106.53. 10,335,790 shares of the company traded hands, compared to its average volume of 6,564,240. The company’s fifty day moving average is $79.82 and its two-hundred day moving average is $80.21. Vistra has a fifty-two week low of $31.16 and a fifty-two week high of $107.24. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98. The stock has a market cap of $36.60 billion, a PE ratio of 64.96 and a beta of 1.08.

Vistra (NYSE:VST) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.69). The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $4.04 billion. Vistra had a return on equity of 21.05% and a net margin of 4.61%. During the same quarter in the previous year, the firm posted $1.03 earnings per share. On average, analysts expect that Vistra will post 4.52 earnings per share for the current year.

Institutional Trading of Vistra

A number of hedge funds have recently modified their holdings of the company. Mather Group LLC. acquired a new stake in Vistra during the first quarter valued at approximately $26,000. Redwood Wealth Management Group LLC acquired a new stake in Vistra in the 2nd quarter valued at $26,000. New Covenant Trust Company N.A. bought a new stake in Vistra in the first quarter valued at $32,000. EdgeRock Capital LLC bought a new stake in Vistra in the second quarter valued at $34,000. Finally, Riverview Trust Co acquired a new position in Vistra during the first quarter worth $39,000. Institutional investors own 90.88% of the company’s stock.

Vistra Company Profile

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.