Published On: Wed, Sep 14th, 2016

Analysts’ Recent Ratings Changes for Dynegy (DYN)

Dynegy (NYSE: DYN) has recently received a number of price target changes and ratings updates:

9/13/2016 – Dynegy was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating.
9/13/2016 – Dynegy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Dynegy Inc. provides wholesale power, capacity and ancillary services to utilities, cooperatives, municipalities and other energy companies in six states in U.S. regions of the Midwest, the Northeast and the West Coast. It operates in three segments: the Coal segment, the Gas Segment and the Dynegy Northeast Segment. Dynegy Inc. is headquartered in Houston, Texas. “
8/25/2016 – Dynegy had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $35.00 price target on the stock.
8/24/2016 – Dynegy had its price target lowered by analysts at SunTrust Banks Inc. from $20.00 to $19.00. They now have a “buy” rating on the stock.
8/5/2016 – Dynegy had its price target lowered by analysts at Deutsche Bank AG from $24.00 to $23.00. They now have a “buy” rating on the stock.

Shares of Dynegy Inc. (NYSE:DYN) opened at 12.30 on Wednesday. The stock’s 50 day moving average price is $13.41 and its 200 day moving average price is $15.53. The firm’s market cap is $1.44 billion. Dynegy Inc. has a 12 month low of $7.20 and a 12 month high of $26.62.

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Dynegy (NYSE:DYN) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported ($6.73) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.50) by $6.23. Dynegy had a negative return on equity of 11.83% and a negative net margin of 22.67%. Equities research analysts predict that Dynegy Inc. will post ($1.77) earnings per share for the current fiscal year.
Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.

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