Dynegy Inc Receives a Hold from RBC Capital

By Austin Angelo

RBC Capital analyst Shelby Tucker reiterated a Hold rating on Dynegy Inc (NYSE: DYN) yesterday and set a price target of $8. The company’s shares opened today at $7.31, close to its 52-week low of $7.01.

According to TipRanks.com, Tucker is a 4-star analyst with an average return of 3.4% and a 71.7% success rate. Tucker covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Public Service Enterprise, and American Electric Power.

Dynegy Inc has an analyst consensus of Hold, with a price target consensus of $11.

The company has a one year high of $22.01 and a one year low of $7.01. Currently, Dynegy Inc has an average volume of 3.22M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DYN in relation to earlier this year.

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Dynegy, Inc. engages in generation of power to residential, municipal, commercial, and industrial customers. It operates through the following segments: Coal, IPH, and Gas. The Coal segment is comprised of eleven coal-fired power generation facilities. The IPH segment is consists of five coal-fired power generation. The Gas segment is comprised of nineteen power generation. The company was founded in 1984 and is headquartered in Houston, TX.