Aviva (OTCMKTS:AVVIY) Lowered to Hold Rating by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Aviva (OTCMKTS:AVVIY) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

Several other equities research analysts have also weighed in on the stock. Zacks Research upgraded shares of Aviva from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Wall Street Zen downgraded Aviva from a “buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Aviva presently has a consensus rating of “Hold”.

Aviva Stock Down 1.5%

AVVIY opened at $16.79 on Monday. Aviva has a 12-month low of $14.94 and a 12-month high of $19.40. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.50. The firm’s fifty day moving average price is $17.08 and its 200 day moving average price is $17.64.

About Aviva

Aviva plc (OTCMKTS:AVVIY) is a UK-based multinational insurance company headquartered in London that provides a broad range of life and general insurance products, retirement solutions and investment management services. The company operates a diversified insurance business that includes individual and group life protection, health and income protection, home and motor insurance, workplace benefits, pensions and savings products. Aviva also offers asset management services through its investment arm, which manages assets on behalf of its insurance businesses and third-party clients.

Aviva traces its identity to a series of mergers and the consolidation of longstanding insurers, and it uses the Aviva brand across its operating markets.