Surprising Analyst 12-Month Target For MDYG
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2025
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Source: NASDAQ.COM
ETF Analyst Target Prices: The SPDR S&P 400 Mid Cap Growth ETF (MDYG) has an implied analyst target price of $100.20, indicating a potential upside of 15.66% from its current trading price of $86.63. Notable underlying holdings with significant upside include Cabot Corp., Voya Financial Inc., and KB HOME.
Investor Considerations: Analysts' target prices may reflect optimism about future performance, but investors should assess whether these targets are justified based on recent company and industry developments to avoid potential downgrades.
Analyst Views on VOYA
Wall Street analysts forecast VOYA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VOYA is 88.00 USD with a low forecast of 84.00 USD and a high forecast of 93.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
1 Hold
1 Sell
Moderate Buy
Current: 76.690
Low
84.00
Averages
88.00
High
93.00
Current: 76.690
Low
84.00
Averages
88.00
High
93.00
About VOYA
Voya Financial, Inc. is a provider of workplace benefits and savings solutions and technologies. Wealth Solutions segment provides retirement plan solutions and administration technology and services to employers. Its products and services include full-service and recordkeeping-only defined contribution plan administration; stable value and fixed general account investment products; and services to promote the financial well-being and retirement security of employees. Health Solutions segment provides worksite employee benefits, Health Account Solutions, leave management, financial wellness and decision support products and services to mid-size and large corporate employers and professional associations. Investment Management segment serves both individual and institutional customers, offering them domestic and international fixed income, equity, multi-asset and alternative investment products and solutions across a range of geographies, investment styles and capitalization spectrums.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
