Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For ING Risk Managed Natural Resources Fund (NYSE:IRR)


Recently stock market analysts have updated their consensus ratings on shares of ING Risk Managed Natural Resources Fund (NYSE:IRR).

Most recent broker ratings

03/30/2016 – ING Risk Managed Natural Resources Fund had its “hold” rating reiterated by analysts at Peel Hunt. They now have a USD 16 price target on the stock.

11/20/2015 – ING Risk Managed Natural Resources Fund had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 200 price target on the stock.

ING Risk Managed Natural Resources Fund has a 50 day moving average of 6.49 and a 200 day moving average of 6.14.It has a 52-week low of 4.35 and a 52-week high of 6.90.

The share price of the company (NYSE:IRR) was up +3.38% during the last trading session, with a high of 6.43 and the volume of ING Risk Managed Natural Resources Fund shares traded was 91691.

Voya Natural Resources Equity Income Fund (the Fund) is a non-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. Under normal market conditions, the Fund seeks to achieve its investment objective by investing approximately 80% of its managed assets in the equity securities of, or derivatives linked to the equity securities of, companies that are primarily engaged in owning or developing energy, other natural resources and basic materials, or supplying goods and services to such companies (Natural Resources Companies). Equity securities held by the Fund include common stocks, preferred shares, convertible securities, warrants and depository receipts. The Fund may also invest in exchange-traded funds (ETFs) comprised primarily of Natural Resources Companies. Voya Investments, LLC is the Fund’s investment advisor.