Voyager Digital (TSE:VOYG) Stock Rating Lowered by Eight Capital

Voyager Digital (TSE:VOYG – Get Rating) was downgraded by stock analysts at Eight Capital to a “hold” rating in a report released on Wednesday, MarketBeat Ratings reports. They currently have a C$4.00 target price on the stock. Eight Capital’s price target would indicate a potential upside of 447.95% from the stock’s current price.

VOYG has been the subject of several other research reports. BTIG Research reiterated a “buy” rating and issued a C$15.00 price target on shares of Voyager Digital in a report on Wednesday, May 25th. HC Wainwright restated a “buy” rating and set a C$16.00 target price on shares of Voyager Digital in a report on Tuesday, May 17th. Finally, Noble Financial restated a “buy” rating and set a C$15.00 target price on shares of Voyager Digital in a report on Tuesday, May 17th.

Shares of TSE VOYG opened at C$0.73 on Wednesday. The firm has a market capitalization of C$142.67 million and a PE ratio of -1.59. Voyager Digital has a 52-week low of C$0.55 and a 52-week high of C$26.12. The firm’s 50 day moving average price is C$4.78.

Voyager Digital Company Profile (Get Rating)

Voyager Digital Ltd., through its subsidiaries, operates as a crypto asset brokerage firm primarily in the United States and Canada. It operates a digital platform that enables users to buy and sell crypto assets across multiple centralized marketplaces in one account. The company was formerly known as Voyager Digital (Canada) Ltd.

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