ING US Price Target Raised to $39.00 at Barclays (VOYA)
Stock analysts at Barclays upped their target price on shares of ING US (NYSE:VOYA) from $30.00 to $39.00 in a report issued on Thursday, AnalystRatings.NET reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target would indicate a potential upside of 11.84% from the stock’s previous close.
A number of other firms have also recently commented on VOYA. Analysts at BTIG Research downgraded shares of ING US from a “buy” rating to a “neutral” rating in a research note on Thursday, January 9th. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of ING US in a research note on Wednesday, December 18th. They now have a $40.00 price target on the stock, up previously from $38.00. Finally, analysts at RBC Capital raised their price target on shares of ING US from $37.00 to $40.00 in a research note on Thursday, December 5th. They now have a “top pick” rating on the stock. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $35.40.
ING US (NYSE:VOYA) traded up 0.24% on Thursday, hitting $35.255. The stock had a trading volume of 1,007,734 shares. ING US has a 1-year low of $19.20 and a 1-year high of $37.19. The stock has a 50-day moving average of $35.0 and a 200-day moving average of $32.50. The company has a market cap of $9.195 billion and a price-to-earnings ratio of 303.19.
ING US (NYSE:VOYA) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.05. Analysts expect that ING US will post $2.86 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.11%. The ex-dividend date is Wednesday, February 26th.
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.
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