Wells Fargo (NYSE:WFC) analyst Elyse Greenspan maintained a Buy rating on Voya Financial (NYSE:VOYA) on Tuesday, setting a price target of $62, which is approximately 19.44% above the present share price of $51.91.
Greenspan expects Voya Financial to post earnings per share (EPS) of -$0.56 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Voya Financial, with an average price target of $59.63.
The analysts price targets range from a high of $66 to a low of $53.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.66 billion and a net profit of $0. The company's market cap is $6.55 billion.
According to TipRanks.com, Wells Fargo analyst Elyse Greenspan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.7% and a 59.92% success rate.
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, Employee Benefits and Individual Life. The Retirement segment offers tax-deferred, employer-sponsored retirement savings plans and administrative services. The Investment Management segment includes domestic and international fixed income, equity, multi-asset and alternative investment products and solutions. The Employee Benefits segment is comprised of stop loss, group life, voluntary employee-paid, and disability products to mid-sized and large businesses. The Individual Life segment provides universal and variable life insurance products. The company was founded on April 7, 1999 and is headquartered in New York, NY.