Voya Financial (VOYA, Financial) has announced the promotion of Trevor Ogle to the position of Chief Legal Officer, starting on May 2. This appointment will see Ogle taking the helm of the Law & Compliance department at Voya, a role previously held by My Chi To, who is set to depart for another professional opportunity outside the firm on the same date.
In addition to his new responsibilities, Ogle will continue to manage Voya's strategy and corporate development efforts. The decision to expand Ogle's role highlights his significant contributions in both legal and business areas, bringing strategic vision and successful implementation to the company, according to Heather Lavallee, Voya Financial's CEO.
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 $75.10 with a high estimate of $89.00 and a low estimate of $60.00. The average target implies an upside of 24.74% from the current price of $60.21. 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 $91.50, suggesting a upside of 51.98% from the current price of $60.205. 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.
