Aviva plc (LON:AV) has earned an average recommendation of “Buy” from the eleven research firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 503.75 ($6.58).
AV has been the subject of several recent analyst reports. Shore Capital restated an “under review” rating on shares of Aviva in a research note on Monday, March 4th. UBS Group restated a “buy” rating and issued a GBX 480 ($6.27) price target (down from GBX 525 ($6.86)) on shares of Aviva in a research note on Monday, May 13th. Royal Bank of Canada restated a “top pick” rating on shares of Aviva in a research note on Wednesday, March 13th. JPMorgan Chase & Co. dropped their price target on Aviva from GBX 493 ($6.44) to GBX 479 ($6.26) and set an “overweight” rating for the company in a research note on Tuesday, March 12th. Finally, HSBC dropped their price target on Aviva from GBX 540 ($7.06) to GBX 475 ($6.21) and set a “hold” rating for the company in a research note on Tuesday, March 26th.
Shares of LON:AV traded down GBX 3 ($0.04) during mid-day trading on Wednesday, reaching GBX 415.50 ($5.43). 8,270,256 shares of the company traded hands, compared to its average volume of 10,250,000. The company has a market cap of $16.27 billion and a PE ratio of 10.99. The company has a current ratio of 3.09, a quick ratio of 2.23 and a debt-to-equity ratio of 51.04. Aviva has a 52 week low of GBX 361.80 ($4.73) and a 52 week high of GBX 519 ($6.78).
In other news, insider Tom Stoddard sold 153,625 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of GBX 412 ($5.38), for a total transaction of £632,935 ($827,041.68). Also, insider Belen Romana Garcia bought 279 shares of the stock in a transaction dated Monday, June 3rd. The shares were purchased at an average price of GBX 407 ($5.32) per share, with a total value of £1,135.53 ($1,483.77). Insiders acquired a total of 1,359 shares of company stock valued at $561,447 over the last 90 days.
Aviva Company Profile
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; and lifetime mortgage products. It also provides insurance cover to individuals, and small and medium-sized businesses for risks associated primarily with motor vehicles and medical expenses, as well as property and liability, such as employers' and professional indemnity liabilities.
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