Barclays analyst Alex Scott has increased the price target for Voya Financial (VOYA, Financial) from $66 to $70, maintaining an Equal Weight rating on its shares. This adjustment follows the company's robust first-quarter performance, particularly highlighted by strong stop loss results and significant net investment income in its wealth solutions segment. These factors contributed to a substantial earnings beat, according to the analyst's research note.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Voya Financial Inc (VOYA, Financial) is $74.40 with a high estimate of $89.00 and a low estimate of $64.00. The average target implies an upside of 23.51% from the current price of $60.24. More detailed estimate data can be found on the Voya Financial Inc (VOYA) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Voya Financial Inc's (VOYA, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Voya Financial Inc (VOYA, Financial) in one year is $91.89, suggesting a upside of 52.54% from the current price of $60.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Voya Financial Inc (VOYA) Summary page.
