Analyst Rating Update on Voya Financial (VOYA)

Voya Financial (VOYA) : 5 brokerage houses believe that Voya Financial (VOYA) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Voya Financial (VOYA). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.04.

Voya Financial (VOYA) : The most positive equity analysts on Voya Financial (VOYA) expects the shares to touch $42, whereas, the least positive believes that the stock will trade at $25 in the short term. The company is covered by 13 Wall Street Brokerage Firms. The average price target for shares are $34.85 with an expected fluctuation of $5.87 from the mean.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Goldman Sachs downgrades the rating on Voya Financial (NYSE:VOYA). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency lowers the price target from $39 per share to $29 per share. The rating by the firm was issued on July 15, 2016.


Voya Financial (NYSE:VOYA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.25 and $26.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.56, notching a gain of 9.76% for the day. The total traded volume was 4,767,119 . The stock had closed at $25.11 on the previous day.

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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