Zacks Investment Research downgraded Dynegy Inc. (NYSE:DYN) to Sell in a report released today.
- Updated: September 19, 2016
Zacks Investment Research has downgraded Dynegy Inc.(NYSE:DYN) to Sell in a statement released on 9/19/2016.
On 9/15/2016, UBS released a statement about Dynegy Inc.(NYSE:DYN) lowered the target price from $22.00 to $13.50. At the time, this indicated a possible upside of 0.11%.
Yesterday Dynegy Inc. (NYSE:DYN) traded 1.37% higher at $12.54. DYN’s 50-day moving average is $13.00 and its two hundred day moving average is $15.57. With the last stock price down 19.48% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 1,525,194 shares of DYN changing hands under the typical 3,001,150 shares..
Recent Performance Graphic:
With a market capitalization of $0.0, Dynegy Inc. has a one-year low of $7.20 and a one-year high of $24.25 with a PE ratio of 0.
Also covering Dynegy Inc.’s price target, a total of 13 firms have released a ratings update on the stock. The consensus target price is $23.92 with four firms rating the stock a strong buy, six analysts rating the stock a buy, three analyts rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the company as sell.
More About Dynegy Inc. (NYSE:DYN)
Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26, 000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, and Texas.
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