Aviva’s (AV) “Hold” Rating Reiterated at Jefferies Financial Group

Aviva (LON:AV)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, Digital Look reports. They presently have a GBX 694 price objective on the stock. Jefferies Financial Group’s price target would suggest a potential downside of 2.06% from the stock’s previous close.

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

Aviva Stock Performance

Shares of LON:AV traded down GBX 4.40 on Tuesday, hitting GBX 708.60. The company’s stock had a trading volume of 3,886,195 shares. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The company has a market capitalization of £19.04 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. The stock’s 50-day moving average is GBX 708.60 and its two-hundred day moving average is GBX 665.90. The company has a debt-to-equity ratio of 67.98, a quick ratio of 1.57 and a current ratio of 0.26.

Insider Activity at Aviva

In other news, insider Pippa Lambert acquired 210 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was acquired at an average price of GBX 710 per share, for a total transaction of £1,491. Over the last 90 days, insiders acquired 484 shares of company stock valued at $348,286. 0.17% of the stock is currently owned by 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.