Voya Financial (VOYA) : Average target price received by Voya Financial (VOYA) is $35.68 with an expected standard deviation of $5.86. The most aggressive target on the stock is $42, whereas the most downbeat target is $25. 14 financial analysts are currently covering the stock.
Voya Financial (VOYA) has witnessed a drop of 18.9% or 548,149 shares in its short figure. The short interest diminution took it from 2,907,220 on June 15,2016 to 2,359,071 on June 30,2016. In terms of floated shares, the short interest was calculated to be 1.2%. The days to cover are 1 given that the daily volume averaged 4,015,490 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Brokerage firm Citigroup maintains its rating on Voya Financial (NYSE:VOYA). As per the latest information, the brokerage house lowers the price target to $29 per share from a prior target of $34. The shares have been rated Neutral. The rating by the firm was issued on July 7, 2016.
Voya Financial (NYSE:VOYA): stock turned positive on Thursday. Though the stock opened at $25.78, the bulls momentum made the stock top out at $25.78 level for the day. The stock recorded a low of $25.24 and closed the trading day at $25.3, in the green by 1.16%. The total traded volume for the day was 3,708,481. The stock had closed at $25.01 in the previous days trading.
Voya Financial, Inc. is a retirement, investment and insurance company. The Company provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products, guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions, Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income, equity, multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.