Aviva (OTCMKTS:AVVIY) Receives New Coverage from Analysts at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Aviva (OTCMKTS:AVVIY) in a report issued on Monday morning, The Fly reports. The firm issued a buy rating on the financial services provider’s stock.

A number of other analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a buy rating on shares of Aviva in a research report on Monday, April 12th. Jefferies Financial Group cut Aviva from a buy rating to a hold rating in a research report on Thursday, March 11th. Royal Bank of Canada reiterated an outperform rating on shares of Aviva in a research report on Monday, March 22nd. Morgan Stanley reiterated an overweight rating on shares of Aviva in a research report on Thursday, May 20th. Finally, JPMorgan Chase & Co. reiterated an overweight rating on shares of Aviva in a research report on Friday, March 5th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of $10.00.

AVVIY opened at $11.74 on Monday. The company has a market capitalization of $23.06 billion, a PE ratio of 7.53 and a beta of 1.27. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.48. Aviva has a 1 year low of $6.54 and a 1 year high of $12.06. The company’s 50 day moving average price is $11.44.

The business also recently announced a dividend, which was paid on Thursday, May 20th. Shareholders of record on Monday, April 12th were paid a $0.7315 dividend. This is a positive change from Aviva’s previous dividend of $0.18. The ex-dividend date was Friday, April 9th. This represents a yield of 6.43%. Aviva’s dividend payout ratio is presently 48.08%.

About Aviva

Aviva plc provides various insurance, retirement, and savings products in the United Kingdom, Ireland, Canada, France, Italy, Poland, 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.

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