Analyst Price Target Update on Dynegy (NYSE:DYN)

Dynegy (NYSE:DYN) shares are expected to touch $23.83 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 4.62. The target price could hit $33 on the higher end and $21 on the lower end.

Many analysts have stated their opinion on the company shares. Citigroup downgrades their rating on the shares of Dynegy (NYSE:DYN). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. Equity Analysts at the Firm raises the price target to $21 per share from $20 per share. The rating by the firm was issued on June 10, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, Flexon Robert C, CEO of Dynegy Inc., executed a transaction worth $100,800 on March 1, 2016. A total of 10,000 shares were purchased at an average price of $10.08. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Dynegy (NYSE:DYN) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.13 points or 0.71% at $18.14 with 1,915,347 shares getting traded. Post opening the session at $18.09, the shares hit an intraday low of $17.91 and an intraday high of $18.63 and the price was in this range throughout the day. The company has a market cap of $2,127 million and the number of outstanding shares have been calculated to be 117,278,604 shares. The 52-week high of Dynegy (NYSE:DYN) is $34.23 and the 52-week low is $7.2.

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