Voyager Technologies, Inc. (NYSE:VOYG) Receives $44.88 Consensus Price Target from Brokerages

Voyager Technologies, Inc. (NYSE:VOYG) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $44.8750.

A number of research analysts recently weighed in on VOYG shares. KeyCorp dropped their price objective on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Morgan Stanley set a $39.00 price objective on shares of Voyager Technologies in a report on Friday, January 16th. Wedbush began coverage on shares of Voyager Technologies in a report on Friday, January 23rd. They issued an “outperform” rating and a $46.00 target price for the company. JPMorgan Chase & Co. began coverage on Voyager Technologies in a research note on Monday, November 24th. They set an “overweight” rating and a $43.00 price target on the stock. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday, January 21st.

Institutional Investors Weigh In On Voyager Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Senvest Management LLC purchased a new position in Voyager Technologies during the 2nd quarter valued at about $110,514,000. Alyeska Investment Group L.P. acquired a new stake in shares of Voyager Technologies in the third quarter valued at approximately $54,119,000. Wellington Management Group LLP increased its stake in shares of Voyager Technologies by 653.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,631,613 shares of the company’s stock worth $48,589,000 after purchasing an additional 1,415,192 shares in the last quarter. Dorsey & Whitney Trust CO LLC purchased a new stake in Voyager Technologies in the 2nd quarter valued at approximately $41,607,000. Finally, Balyasny Asset Management L.P. purchased a new stake in Voyager Technologies in the 2nd quarter valued at approximately $38,997,000.

Voyager Technologies Trading Up 4.8%

NYSE VOYG opened at $28.60 on Tuesday. The stock has a market capitalization of $1.54 billion and a price-to-earnings ratio of -9.05. The business’s 50 day moving average is $29.19 and its two-hundred day moving average is $28.92. Voyager Technologies has a 12-month low of $17.41 and a 12-month high of $73.95.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.