Aviva (LON:AV) Trading Up 0.6% – Still a Buy?

Aviva plc (LON:AV)’s share price was up 0.6% on Tuesday . The stock traded as high as GBX 488.30 ($6.15) and last traded at GBX 487.60 ($6.14). Approximately 3,349,782 shares were traded during mid-day trading, The stock had previously closed at GBX 484.90 ($6.10).

Analyst Ratings Changes

Several brokerages have issued reports on AV. The Goldman Sachs Group began coverage on shares of Aviva in a research report on Wednesday, September 18th. They set a “buy” rating on the stock. Jefferies Financial Group boosted their price target on Aviva from GBX 525 ($6.61) to GBX 550 ($6.92) and gave the company a “buy” rating in a research report on Monday, September 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Aviva presently has a consensus rating of “Moderate Buy” and an average price target of GBX 538 ($6.77).

Aviva Trading Down 1.3 %

The business’s 50-day moving average price is GBX 476.70 and its two-hundred day moving average price is GBX 482.57. The company has a debt-to-equity ratio of 67.09, a current ratio of 2.17 and a quick ratio of 1.57. The firm has a market cap of £12.75 billion, a price-to-earnings ratio of 1,042.39, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89.

Insider Activity

In other Aviva news, insider Pippa Lambert bought 987 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were acquired at an average price of GBX 489 ($6.16) per share, with a total value of £4,826.43 ($6,076.33). Also, insider Amanda Blanc acquired 6,250 shares of the business’s stock in a transaction on Wednesday, September 4th. The stock was bought at an average cost of GBX 499 ($6.28) per share, for a total transaction of £31,187.50 ($39,264.13). Corporate insiders own 0.17% of the company’s stock.

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.