Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Aviva (LON:AV)

Aviva (LON:AV)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 760 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 10.05% from the stock’s current price.

Several other research analysts have also issued reports on AV. Keefe, Bruyette & Woods reissued an “underperform” rating and issued a GBX 650 price target on shares of Aviva in a research report on Friday, October 10th. UBS Group reissued a “buy” rating and issued a GBX 750 target price on shares of Aviva in a report on Friday, November 7th. JPMorgan Chase & Co. cut their target price on Aviva from GBX 735 to GBX 725 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Citigroup dropped their price objective on Aviva from GBX 687 to GBX 671 and set a “neutral” rating for the company in a research note on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aviva has a consensus rating of “Hold” and a consensus target price of GBX 711.20.

Aviva Stock Performance

Shares of AV traded up GBX 11.60 on Wednesday, reaching GBX 690.60. 5,087,637 shares of the stock traded hands. The stock’s 50-day moving average price is GBX 663.55 and its 200-day moving average price is GBX 656.94. The company has a debt-to-equity ratio of 68.87, a current ratio of 2.93 and a quick ratio of 1.57. The firm has a market cap of £18.56 billion, a price-to-earnings ratio of 14.23, a P/E/G ratio of 2.01 and a beta of 0.89. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20.

Aviva (LON:AV) last posted its quarterly earnings results on Monday, December 15th. The company reported GBX 21.70 earnings per share for the quarter. Aviva had a net margin of 3.52% and a return on equity of 14.82%. Equities analysts forecast that Aviva will post 46.4942529 EPS for the current fiscal year.

Insider Buying and Selling at Aviva

In related news, insider Pippa Lambert acquired 222 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was purchased at an average price of GBX 662 per share, for a total transaction of £1,469.64. 0.17% of the stock is currently owned by corporate insiders.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.