Aviva (OTCMKTS:AVVIY) Hits New 1-Year High – Should You Buy?

Aviva PLC (OTCMKTS:AVVIY)’s stock price reached a new 52-week high during trading on Wednesday. The company traded as high as $20.24 and last traded at $20.20, with a volume of 8,020 shares traded. The stock had previously closed at $19.70.

Wall Street Analyst Weigh In

AVVIY has been the subject of a number of research reports. Sanford C. Bernstein lowered Aviva to a “buy” rating in a research note on Thursday, August 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Aviva in a research note on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Aviva Price Performance

The company has a 50-day moving average of $19.05 and a 200 day moving average of $17.89.

Aviva Company Profile

Aviva plc is a United Kingdom-based insurance and financial services company. It provides life insurance, pensions, retirement planning, savings and investment products, as well as health and general insurance for individuals, families and businesses.

The company’s general insurance activities include coverage for motor vehicles, homes, businesses and other commercial risks, while its life and savings operations support long-term financial planning and retirement needs. Aviva also provides investment management services through Aviva Investors.

Aviva serves customers primarily in the United Kingdom, Ireland and Canada, with additional investment and insurance-related operations in selected international markets.