Aviva plc (OTCMKTS:AVVIY) Given Consensus Recommendation of “Buy” by Analysts

Shares of Aviva plc (OTCMKTS:AVVIY) have received a consensus rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company.

Several equities analysts have recently issued reports on AVVIY shares. Citigroup raised shares of Aviva from a “neutral” rating to a “buy” rating in a report on Thursday, February 18th. Jefferies Financial Group downgraded shares of Aviva from a “buy” rating to a “hold” rating in a report on Thursday, March 11th. Berenberg Bank raised shares of Aviva from a “hold” rating to a “buy” rating in a report on Thursday, March 25th. Exane BNP Paribas downgraded shares of Aviva from an “outperform” rating to a “neutral” rating in a report on Friday, February 5th. Finally, Zacks Investment Research downgraded shares of Aviva from a “buy” rating to a “hold” rating in a report on Tuesday, March 9th.

AVVIY stock opened at $11.57 on Monday. Aviva has a 1-year low of $5.40 and a 1-year high of $11.66. The firm has a market cap of $22.72 billion, a price-to-earnings ratio of 7.56 and a beta of 1.30. The firm has a fifty day moving average price of $10.81 and a two-hundred day moving average price of $9.03.

The firm also recently declared a dividend, which will be paid on Thursday, May 20th. Shareholders of record on Monday, April 12th will be issued a $0.7315 dividend. This represents a yield of 6.43%. This is an increase from Aviva’s previous dividend of $0.18. The ex-dividend date of this dividend is Friday, April 9th. Aviva’s dividend payout ratio is presently 19.61%.

About Aviva

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, as well as pension fund business and lifetime mortgage products.

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