Voya Financial Receives Consensus Recommendation of “Buy” from Analysts (NYSE:VOYA)
Voya Financial (NYSE:VOYA) has earned a consensus recommendation of “Buy” from the eleven analysts that are covering the stock, Stock Ratings News reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $42.20.
Voya Financial (NYSE:VOYA) traded up 0.08% on Wednesday, hitting $37.09. The stock had a trading volume of 90,776 shares. Voya Financial has a 52-week low of $28.64 and a 52-week high of $37.75. The stock’s 50-day moving average is $36.5 and its 200-day moving average is $35.73. The company has a market cap of $9.443 billion and a P/E ratio of 9.02.
Voya Financial (NYSE:VOYA) last announced its earnings results on Wednesday, May 7th. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.65 by $0.08. The company had revenue of $268.00 million for the quarter, compared to the consensus estimate of $307.41 million. During the same quarter in the prior year, the company posted $0.73 earnings per share. Analysts expect that Voya Financial will post $2.76 EPS for the current fiscal year.
A number of research firms have recently commented on VOYA. Analysts at Raymond James raised their price target on shares of Voya Financial from $41.50 to $44.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Voya Financial in a research note on Monday, July 14th. They now have a $45.00 price target on the stock, up previously from $43.00. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Voya Financial from $41.00 to $43.00 in a research note on Wednesday, July 9th.
Voya Financial Inc, formerly ING U.S., Inc, is a retirement, investment and insurance company. The Company offers its products and services through a group of financial intermediaries, independent producers, affiliated advisors and dedicated sales specialists throughout 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.