Deutsche Bank Maintains Voya Financial Inc to Buy with Price Target $37.00

Brokerage firm Deutsche Bank Maintains its rating on Voya Financial Inc(NYSE:VOYA). In a research note issued to the investors, the brokerage major Lowers the price-target to $37.00 per share. The shares have been rated Buy. The rating by Deutsche Bank was issued on Jul 14, 2016.

In a different note, On Jul 7, 2016, Citigroup said it Maintains its rating on Voya Financial Inc. In the research note, the firm Lowers the price-target to $34.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 7, 2016, Deutsche Bank said it Maintains its rating on Voya Financial Inc. In the research note, the firm Lowers the price-target to $44.00 per share. The shares have been rated ‘Buy’ by the firm.

Voya Financial Inc (VOYA) made into the market gainers list on Mondays trading session with the shares advancing 0.48% or 0.12 points. Due to strong positive momentum, the stock ended at $25.31, which is also near the day’s high of $25.446. The stock began the session at $25.16 and the volume stood at 17,71,905 shares. The 52-week high of the shares is $48.08 and the 52 week low is $22.75. The company has a current market capitalization of $5,162 M and it has 20,39,58,770 shares in outstanding.

Voya Financial Inc(VOYA) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $132.20M. Analysts had an estimated revenue of $298.69M. Earnings per share were $0.55. Analysts had estimated an EPS of $0.70.

Several Insider Transactions has been reported to the SEC. On Mar 30, 2016, Jeffrey T Becker (officer ) sold 3,625 shares at $30.11 per share price.Also, On Mar 30, 2016, Chetlur S Ragavan (officer ) sold 1,420 shares at $30.29 per share price.On Mar 30, 2016, Ewout L Steenbergen (officer ) sold 1,675 shares at $30.11 per share price, according to the Form-4 filing with the securities and exchange commission.

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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