Aviva (LON:AV) Earns Hold Rating from Jefferies Financial Group

Key Points

• Jefferies reiterated a “hold” rating on Aviva with a GBX 694 price target, implying approximately 2.06% downside from the prior close.
• Analyst sentiment remains broadly positive: Aviva has five Buy ratings and two Hold ratings, with an average price target of GBX 760.71 and a “Moderate Buy” consensus.
• Aviva shares opened at GBX 708.60, while an insider recently purchased 210 shares at GBX 710; insiders own 0.17% of the company.

Aviva (LON:AV - Get Free Report)'s stock had its "hold" rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 694 target price on the stock. Jefferies Financial Group's target price would suggest a potential downside of 2.06% from the company's previous close.

A number of other equities analysts have also weighed in on AV. Citigroup lifted their price objective on shares of Aviva from GBX 671 to GBX 721 and gave the company a "neutral" rating in a research report on Wednesday, August 26th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 780 price objective on shares of Aviva in a research report on Monday, September 7th. Berenberg Bank restated a "buy" rating and issued a GBX 820 target price on shares of Aviva in a research note on Monday. Finally, JPMorgan Chase & Co. raised their target price on shares of Aviva from GBX 715 to GBX 800 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 760.71.

Aviva Price Performance

Aviva stock opened at GBX 708.60 on Tuesday. Aviva has a 12 month low of GBX 390.70 and a 12 month high of GBX 510.20. The company has a debt-to-equity ratio of 67.98, a current ratio of 0.26 and a quick ratio of 1.57. The business has a 50 day simple moving average of GBX 708.60 and a 200-day simple moving average of GBX 665.90. The stock has a market capitalization of £19.04 billion, a PE ratio of 14.60, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62.

Insider Activity at Aviva

In related news, insider Pippa Lambert bought 210 shares of the stock in a transaction on Tuesday, September 15th. The shares were bought at an average cost of GBX 710 per share, for a total transaction of £1,491. In the last 90 days, insiders have acquired 484 shares of company stock worth $348,286. 0.17% of the stock is currently owned by insiders.

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.

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