BMO Capital Markets Increases Vistra (NYSE:VST) Price Target to $147.00

Vistra (NYSE:VST - Get Free Report) had its price target boosted by investment analysts at BMO Capital Markets from $146.00 to $147.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' target price indicates a potential upside of 16.05% from the stock's current price.

A number of other equities analysts have also issued reports on VST. Jefferies Financial Group raised their price target on Vistra from $99.00 to $137.00 and gave the stock a "buy" rating in a report on Tuesday, September 24th. Guggenheim lifted their target price on Vistra from $133.00 to $177.00 and gave the company a "buy" rating in a research note on Tuesday, October 8th. BNP Paribas assumed coverage on Vistra in a report on Monday, October 14th. They issued an "outperform" rating and a $231.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on Vistra in a report on Thursday, October 17th. They set an "overweight" rating and a $178.00 price target for the company. Finally, Royal Bank of Canada boosted their price objective on shares of Vistra from $105.00 to $141.00 and gave the company an "outperform" rating in a research note on Thursday, October 3rd. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, Vistra has a consensus rating of "Buy" and an average price target of $145.40.

Vistra Stock Performance

NYSE VST traded down $1.11 on Tuesday, reaching $126.67. The stock had a trading volume of 4,735,743 shares, compared to its average volume of 6,922,296. The stock has a market cap of $44.01 billion, a P/E ratio of 77.71 and a beta of 1.10. Vistra has a 12-month low of $32.17 and a 12-month high of $143.87. The business's 50-day moving average price is $106.31 and its 200 day moving average price is $91.86. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.88 and a current ratio of 0.98.

Vistra (NYSE:VST - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.69). Vistra had a net margin of 4.61% and a return on equity of 21.05%. The business had revenue of $3.85 billion during the quarter, compared to analysts' expectations of $4.04 billion. During the same quarter last year, the company earned $1.03 EPS. As a group, equities analysts expect that Vistra will post 4.02 earnings per share for the current year.

Institutional Investors Weigh In On Vistra

A number of hedge funds and other institutional investors have recently modified their holdings of VST. Terra Nova Asset Management LLC acquired a new position in shares of Vistra during the 3rd quarter worth $842,000. Czech National Bank raised its position in Vistra by 12.4% during the third quarter. Czech National Bank now owns 69,987 shares of the company's stock worth $8,296,000 after acquiring an additional 7,747 shares during the last quarter. Viking Fund Management LLC purchased a new stake in shares of Vistra in the third quarter valued at about $1,185,000. Atria Investments Inc purchased a new stake in shares of Vistra in the first quarter valued at about $1,675,000. Finally, M&R Capital Management Inc. grew its position in shares of Vistra by 38,929.0% in the third quarter. M&R Capital Management Inc. now owns 117,087 shares of the company's stock valued at $13,879,000 after purchasing an additional 116,787 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

About Vistra

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.