Shares of Aviva plc (LON:AV) have been assigned an average rating of “Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 482 ($6.30).
A number of research analysts recently issued reports on AV shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Aviva in a report on Friday, November 22nd. Citigroup downgraded Aviva to a “neutral” rating and decreased their price target for the stock from GBX 460 ($6.01) to GBX 414 ($5.41) in a report on Tuesday, November 26th. Royal Bank of Canada reaffirmed a “top pick” rating and set a GBX 560 ($7.32) price target on shares of Aviva in a report on Monday, August 12th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Aviva in a report on Tuesday, August 13th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Aviva in a report on Wednesday, November 20th.
In other news, insider Glyn Barker bought 25,000 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were acquired at an average price of GBX 391 ($5.11) per share, for a total transaction of £97,750 ($127,727.69). Also, insider George Culmer bought 31,276 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were purchased at an average price of GBX 398 ($5.20) per share, for a total transaction of £124,478.48 ($162,653.18).
LON:AV traded down GBX 5.80 ($0.08) during midday trading on Wednesday, reaching GBX 398 ($5.20). The company had a trading volume of 6,179,648 shares, compared to its average volume of 10,250,000. The firm has a market capitalization of $15.59 billion and a price-to-earnings ratio of 6.84. The stock’s fifty day simple moving average is GBX 415.87 and its 200-day simple moving average is GBX 404.04. Aviva has a 12-month low of GBX 3.87 ($0.05) and a 12-month high of GBX 442.30 ($5.78). The company has a current ratio of 1.91, a quick ratio of 0.98 and a debt-to-equity ratio of 48.99.
Aviva Company Profile
Aviva plc provides various insurance and savings products primarily in the United Kingdom, rest of Europe, North America, and South-East Asia. The company offers life insurance, long term health and accident insurance, savings, pension, and annuity products; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.
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