Aviva (LON:AV) Now Covered by Analysts at The Goldman Sachs Group

Equities researchers at The Goldman Sachs Group initiated coverage on shares of Aviva (LON:AV) in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage set a “buy” rating on the stock.

Other analysts have also issued research reports about the company. Jefferies Financial Group increased their price objective on Aviva from GBX 525 ($6.94) to GBX 550 ($7.27) and gave the company a “buy” rating in a research note on Monday, September 9th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 545 ($7.20) price target on shares of Aviva in a research note on Friday, July 5th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 524.80 ($6.93).

Aviva Price Performance

AV stock opened at GBX 489.80 ($6.47) on Wednesday. The stock’s 50 day moving average price is GBX 491.09 and its 200 day moving average price is GBX 482.45. The firm has a market cap of £13.03 billion, a P/E ratio of 1,064.78, a PEG ratio of 1.93 and a beta of 0.89. The company has a debt-to-equity ratio of 67.09, a quick ratio of 1.57 and a current ratio of 2.17. Aviva has a 1 year low of GBX 375.10 ($4.96) and a 1 year high of GBX 510.20 ($6.74).

Insiders Place Their Bets

In related news, insider Amanda Blanc bought 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were acquired at an average cost of GBX 499 ($6.59) per share, with a total value of £31,187.50 ($41,198.81). In other news, insider Amanda Blanc acquired 6,250 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was acquired at an average cost of GBX 499 ($6.59) per share, for a total transaction of £31,187.50 ($41,198.81). Also, insider Pippa Lambert bought 1,003 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average cost of GBX 482 ($6.37) per share, for a total transaction of £4,834.46 ($6,386.34). In the last ninety days, insiders have acquired 107,253 shares of company stock valued at $52,002,196. Insiders own 0.17% of the company’s stock.

About Aviva

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.