Short Term Price Target on Voya Financial (VOYA)

Voya Financial (NYSE:VOYA) : Average target price received by Voya Financial (NYSE:VOYA) is $38.73 with an expected standard deviation of $5.83. The most aggressive target on the stock is $48, whereas the most downbeat target is $30. 13 financial analysts are currently covering the stock.

Voya Financial, Inc. has lost 15.32% in the last five trading days and dropped 23.98% in the last 4 weeks. Voya Financial, Inc. has dropped 18.72% during the last 3-month period . Year-to-Date the stock performance stands at -32.87%.

Voya Financial (NYSE:VOYA) has an average broker rating of 1.96, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Voya Financial (NYSE:VOYA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.85 and $24.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.76, notching a gain of 0.65% for the day. The total traded volume was 3,797,883 . The stock had closed at $24.60 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Becker Jeffrey T, officer (See Remarks) of Voya Financial, Inc., had unloaded 3,625 shares at an average price of $30.11 in a transaction dated on March 29, 2016. The total value of the transaction was worth $109,149.

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.

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