Aviva plc (LON:AV) Receives Consensus Rating of “Hold” from Analysts

Shares of Aviva plc (LON:AV) have received an average recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 720.38.

A number of brokerages have commented on AV. Jefferies Financial Group restated a “hold” rating and set a GBX 637 price objective on shares of Aviva in a research note on Friday, May 15th. JPMorgan Chase & Co. lowered their target price on Aviva from GBX 725 to GBX 715 and set a “neutral” rating for the company in a research note on Friday, May 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 800 target price on shares of Aviva in a report on Friday, June 12th. UBS Group restated a “buy” rating and issued a GBX 750 price target on shares of Aviva in a report on Monday, May 11th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 780 price target on shares of Aviva in a report on Wednesday, July 29th.

Insiders Place Their Bets

In other news, insider Amanda Blanc bought 10,258 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of GBX 621 per share, for a total transaction of £63,702.18. Also, insider Pippa Lambert purchased 242 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of GBX 616 per share, with a total value of £1,490.72. Over the last three months, insiders have bought 17,620 shares of company stock worth $10,951,480. Corporate insiders own 0.17% of the company’s stock.

Aviva Stock Up 1.0%

Shares of Aviva stock opened at GBX 704 on Thursday. Aviva has a twelve month low of GBX 390.70 and a twelve month high of GBX 510.20. The stock has a market cap of £18.92 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. The company has a current ratio of 0.26, a quick ratio of 1.57 and a debt-to-equity ratio of 85.66. The company has a fifty day moving average price of GBX 660.04 and a 200 day moving average price of GBX 641.29.

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. It also provides insurance cover to individuals, small and medium-sized businesses for risks associated with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.