Aviva plc (LON:AV) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Aviva plc (LON:AV) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 739.75.

A number of research analysts have issued reports on the stock. Berenberg Bank boosted their price objective on shares of Aviva from GBX 800 to GBX 820 and gave the company a “buy” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. raised their target price on shares of Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Citigroup lifted their target price on shares of Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a research note on Wednesday, August 26th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 780 price target on shares of Aviva in a research report on Monday, September 7th.

Insiders Place Their Bets

In other news, insider Pippa Lambert acquired 210 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were acquired at an average cost of GBX 710 per share, with a total value of £1,491. Over the last quarter, insiders purchased 746 shares of company stock worth $521,658. Insiders own 0.17% of the company’s stock.

Aviva Price Performance

Shares of Aviva stock opened at GBX 688.40 on Friday. The business has a 50 day moving average of GBX 710.10 and a 200 day moving average of GBX 660.97. Aviva has a 52 week low of GBX 390.70 and a 52 week high of GBX 510.20. The company has a market cap of £18.50 billion, a PE ratio of 14.19, a P/E/G ratio of 2.01 and a beta of 0.62. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 67.98.

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.