BTIG Research Downgrades ING US to Neutral (VOYA)
ING US (NYSE:VOYA) was downgraded by equities researchers at BTIG Research from a “buy” rating to a “neutral” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on VOYA. Analysts at Deutsche Bank reiterated a “hold” rating on shares of ING US in a research note to investors on Wednesday, December 18th. They now have a $40.00 price target on the stock, up previously from $38.00. Separately, analysts at RBC Capital raised their price target on shares of ING US from $37.00 to $40.00 in a research note to investors on Thursday, December 5th. They now have a “top pick” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “positive” rating on shares of ING US in a research note to investors on Wednesday, November 20th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $33.00.
Shares of ING US (NYSE:VOYA) traded down 1.44% on Thursday, hitting $36.495. The stock had a trading volume of 356,660 shares. ING US has a 52 week low of $19.20 and a 52 week high of $37.09. The stock has a 50-day moving average of $35. and a 200-day moving average of $31.41. The company has a market cap of $9.518 billion and a P/E ratio of 319.22.
ING US (NYSE:VOYA) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.39. On average, analysts predict that ING US will post $3.21 earnings per share for the current fiscal year.
ING U.S., Inc is a retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.