After Credit Suisse and RBC Capital gave Voya Financial (NYSE: VOYA) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Nigel Dally maintained a Buy rating on Voya Financial today and set a price target of $57. The company’s shares closed yesterday at $44.55.
According to TipRanks.com, Dally is a 4-star analyst with an average return of 13.7% and a 62.9% success rate. Dally covers the Financial sector, focusing on stocks such as Brighthouse Financial Inc, Prudential Financial Inc, and Lincoln National Corp.
Voya Financial has an analyst consensus of Strong Buy, with a price target consensus of $57.40, which is a 28.8% upside from current levels. In a report issued on October 31, Credit Suisse also maintained a Buy rating on the stock with a $59 price target.
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The company has a one-year high of $55.27 and a one-year low of $40.49. Currently, Voya Financial has an average volume of 1.48M.
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Voya Financial, Inc. is a retirement, investment, and insurance company, which engages in the provision of financial services. It operates through the following segments: Retirement, Investment Management, Individual Life, and Employee Benefits.
