Vistra (NYSE:VST – Get Free Report) had its price objective lifted by analysts at Morgan Stanley from $40.00 to $41.00 in a report released on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 18.46% from the company’s previous close.
A number of other equities analysts have also commented on VST. BMO Capital Markets boosted their price objective on Vistra from $42.00 to $43.00 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. Bank of America upped their price target on shares of Vistra from $31.00 to $37.00 and gave the stock a “buy” rating in a research report on Thursday, September 21st.
Vistra Price Performance
Institutional Trading of Vistra
Several institutional investors and hedge funds have recently added to or reduced their stakes in VST. MetLife Investment Management LLC acquired a new position in Vistra in the first quarter valued at approximately $223,000. Rhumbline Advisers lifted its stake in shares of Vistra by 2.5% in the 1st quarter. Rhumbline Advisers now owns 458,182 shares of the company’s stock valued at $10,653,000 after purchasing an additional 11,136 shares during the period. BlackRock Inc. boosted its position in shares of Vistra by 2.3% in the 1st quarter. BlackRock Inc. now owns 23,939,759 shares of the company’s stock worth $556,597,000 after purchasing an additional 534,299 shares during the last quarter. Yousif Capital Management LLC grew its stake in shares of Vistra by 15.5% during the first quarter. Yousif Capital Management LLC now owns 26,786 shares of the company’s stock worth $623,000 after purchasing an additional 3,595 shares during the period. Finally, Raymond James Trust N.A. increased its holdings in Vistra by 44.8% in the first quarter. Raymond James Trust N.A. now owns 39,151 shares of the company’s stock valued at $910,000 after purchasing an additional 12,108 shares during the last quarter. 91.31% of the stock is owned by institutional investors.
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 20 states in the United States and the District of Columbia.
- Five stocks we like better than Vistra
- What is the FTSE 100 index?
- Wynn Resorts has an ace up its sleeve
- What Are Dividend Contenders? Investing in Dividend Contenders
- Zoom Video Communications: A tech phoenix ready to rise
- How to Invest in Apparel Stocks
- The only two airline stocks worth buying: One is a Goldman pick
Receive News & Ratings for Vistra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra and related companies with MarketBeat.com's FREE daily email newsletter.