Voyager Technologies, Inc. (NYSE:VOYG) Receives Average Rating of “Moderate Buy” from Analysts

Voyager Technologies, Inc. (NYSE:VOYG) has been assigned an average rating of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $44.8750.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. began coverage on Voyager Technologies in a research report on Monday, November 24th. They set an “overweight” rating and a $43.00 target price for the company. Morgan Stanley set a $39.00 price objective on shares of Voyager Technologies in a report on Friday, January 16th. Wedbush initiated coverage on shares of Voyager Technologies in a report on Friday. They issued an “outperform” rating and a $46.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday, January 21st. Finally, KeyCorp lowered their price objective on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th.

Hedge Funds Weigh In On Voyager Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Senvest Management LLC acquired a new stake in Voyager Technologies during the 2nd quarter worth approximately $110,514,000. Alyeska Investment Group L.P. bought a new stake in shares of Voyager Technologies during the third quarter worth $54,119,000. Wellington Management Group LLP raised its holdings in shares of Voyager Technologies by 653.9% during the third quarter. Wellington Management Group LLP now owns 1,631,613 shares of the company’s stock worth $48,589,000 after acquiring an additional 1,415,192 shares during the period. Dorsey & Whitney Trust CO LLC bought a new stake in Voyager Technologies in the 2nd quarter valued at $41,607,000. Finally, Balyasny Asset Management L.P. acquired a new position in Voyager Technologies in the 2nd quarter worth $38,997,000.

Voyager Technologies Stock Up 5.4%

Shares of Voyager Technologies stock opened at $35.06 on Friday. The business has a fifty day simple moving average of $27.26 and a 200 day simple moving average of $30.37. The stock has a market cap of $1.89 billion and a PE ratio of -11.09. Voyager Technologies has a 12 month low of $17.41 and a 12 month high of $73.95.

Voyager Technologies Company Profile

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.