Aviva (LON:AV) Receives Outperform Rating from Royal Bank Of Canada

Aviva (LON:AV)‘s stock had its “outperform” rating reissued by Royal Bank Of Canada in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 780 target price on the stock. Royal Bank Of Canada’s price target points to a potential upside of 12.68% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 800 target price on shares of Aviva in a report on Friday, June 12th. UBS Group reissued a “buy” rating and issued a GBX 750 price objective on shares of Aviva in a research note on Monday, May 11th. JPMorgan Chase & Co. decreased 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. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 637 target price on shares of Aviva in a report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Aviva currently has an average rating of “Hold” and an average price target of GBX 720.38.

Aviva Stock Up 0.7%

Shares of LON:AV opened at GBX 692.20 on Wednesday. The business has a fifty day simple moving average of GBX 642.93 and a 200 day simple moving average of GBX 639.54. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 85.66. The firm has a market cap of £18.60 billion, a P/E ratio of 14.27, a P/E/G ratio of 2.01 and a beta of 0.62. Aviva has a 12-month low of GBX 390.70 and a 12-month high of GBX 510.20.

Insider Activity at Aviva

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

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.