Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.

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Voya Asia Pacific High Dividend Equity Income Fund > Canaccord Genuity Lowers Ithaca Energy Price Target

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Post by zorgon1on Apr 10, 2014 9:42am

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Post# 22434281

Canaccord Genuity Lowers Ithaca Energy Price Target

Canaccord Genuity Lowers Ithaca Energy Price Target to GBX 175 (IAE)

Research analysts at Canaccord Genuity dropped their price objective on shares of Ithaca Energy (LON:IAE) from GBX 180 ($2.98) to GBX 175 ($2.90) in a report released on Thursday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 23.39% from the company’s current price.

Ithaca Energy (LON:IAE) opened at 141.25 on Thursday. Ithaca Energy has a 52-week low of GBX 100.25 and a 52-week high of GBX 165.00. The stock’s 50-day moving average is GBX 146.4 and its 200-day moving average is GBX 146.8.

A number of other analysts have also recently weighed in on IAE. Analysts at Mackie raised their price target on shares of Ithaca Energy from C$2.85 to C$3.50 in a research note on Tuesday, April 1st. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Ithaca Energy in a research note on Tuesday, April 1st. Finally, analysts at Westhouse Securities reiterated a “buy” rating on shares of Ithaca Energy in a research note on Monday, March 31st. They now have a GBX 200 ($3.32) price target on the stock. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of GBX 94.29 ($1.56).

Ithaca Energy Inc (LON:IAE) is involved in the exploration, development and production of oil and gas in the North Sea.

from:
https://tickerreport.com/banking-finance/180403/canaccord-genuity-lowers-ithaca-energy-price-target-to-gbx-175-iae/