Aviva’s (AV) Hold Rating Reaffirmed at Jefferies Financial Group

Aviva (LON:AV)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a report issued on Tuesday, Digital Look reports. They currently have a GBX 694 target price on the stock. Jefferies Financial Group’s price target suggests a potential downside of 2.06% from the company’s previous close.

A number of other analysts also recently issued reports on AV. Citigroup lifted their price objective on shares of Aviva from GBX 671 to GBX 721 and gave the company a “neutral” rating in a report on Wednesday, August 26th. JPMorgan Chase & Co. increased their target price on shares of Aviva from GBX 715 to GBX 800 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 780 target price on shares of Aviva in a research report on Monday, September 7th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 820 price target on shares of Aviva in a research note on Monday. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 760.71.

Aviva Stock Down 0.6%

Shares of LON:AV traded down GBX 4.40 during mid-day trading on Tuesday, reaching GBX 708.60. 3,886,195 shares of the stock were exchanged. The stock’s 50 day simple moving average is GBX 708.60 and its 200-day simple moving average is GBX 665.90. Aviva has a one year low of GBX 390.70 and a one year high of GBX 510.20. The company has a market cap of £19.04 billion, a P/E ratio of 14.60, 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.

Insider Buying and Selling

In other news, insider Pippa Lambert purchased 210 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was purchased at an average price of GBX 710 per share, for a total transaction of £1,491. Insiders have acquired a total of 484 shares of company stock valued at $348,286 in the last ninety days. Company insiders own 0.17% of the company’s stock.

About Aviva

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.