BidaskClub lowered shares of Dynegy from a "hold" rating to a "sell" rating in a research report on Tuesday.
Dynegy Inc. (NYSE:DYN) has reached agreement to sell three of its generating plants for approximately $300 million. Finally, Deutsche Bank AG raised Dynegy from a "sell" rating to a "hold" rating and upped their target price for the company from $6.00 to $7.00 in a research report on Wednesday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company's stock.
Taking a broader look brokerage firms' analysts on the street with an expectant view have Dynegy Inc (NYSE:DYN) high price target of $15 and with a conservative view have low price target of $7.
Dynegy (NYSE DYN) traded up 5.95% on Tuesday, reaching $8.19. Stock has got OUTPERFORM rating from 2 analyst (s) whereas last month 2 analyst (s) have given outperform rating.
10/20/2016 - Dynegy Inc. was downgraded to "sector perform" by analysts at RBC Capital. DYN's distance from 20 day simple moving average is -9.43% and distance from 50-Day simple moving average is -4.87%. According to these analysts, the Low Revenue Estimate for Dynegy Inc.is 837.63 Million and the High Revenue Estimate is 1.19 Billion.
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Dynegy (NYSE:DYN) last posted its quarterly earnings results on Thursday, May 4th. The utilities provider reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.42. Revenue for the quarter also killed consensus, coming in at $1.25 Billion, compared to the consensus of 1.16 Billion.
Talking about profitability of the company, the profit margin percentage is -14.25% while its operating margin for the trailing twelve month is at 2.18%. Since the open, shares have moved 0.00% after recently hitting the $7.74 mark.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Stock Observer and is the property of of Stock Observer. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and worldwide trademark and copyright law. The correct version of this piece of content can be accessed at https://baseballnewssource.com/markets/point72-asset-management-l-p-sells-212207-shares-of-dynegy-inc-dyn-updated-updated/1083234.html. Renaissance Technologies LLC purchased a new stake in Dynegy during the fourth quarter worth $3,740,000. The fund held 419,505 stocks of the utilities provider's shares after purchasing an extra 209,043 shares through out the quarter. Metropolitan Life Insurance Co.
Parametric Portfolio Associates LLC raised its position in shares of Dynegy Inc. State Street Corp now owns 2,210,112 shares of the utilities provider's stock worth $18,697,000 after buying an additional 86,756 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Dynegy by 30.0% in the first quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Dynegy during the first quarter worth approximately $7,983,000. State Board of Administration of Florida Retirement System owned about 0.06% of Dynegy worth $610,000 at the end of the most recent quarter. Parametric Portfolio Associates LLC owned 0.32% of Dynegy worth $3,297,000 as of its most recent SEC filing. Public Employees Retirement System of OH now owns 250,406 shares of the utilities provider's stock valued at $1,968,000 after buying an additional 4,902 shares in the last quarter.
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