Aviva (LON:AV) Earns Neutral Rating from Analysts at Citigroup

Research analysts at Citigroup initiated coverage on shares of Aviva (LON:AV - Get Free Report) in a research note issued on Tuesday, July 15th, MarketBeat Ratings reports. The brokerage set a "neutral" rating and a GBX 623 ($8.42) price target on the stock. Citigroup's price objective indicates a potential downside of 1.30% from the stock's current price.

Aviva Price Performance

Shares of LON:AV opened at GBX 631.20 ($8.53) on Tuesday. The stock has a market capitalization of £16.96 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 2.01 and a beta of 0.89. Aviva has a one year low of GBX 390.70 ($5.28) and a one year high of GBX 510.20 ($6.90). The company has a 50-day simple moving average of GBX 611.49 and a 200-day simple moving average of GBX 554.14. The company has a debt-to-equity ratio of 68.87, a quick ratio of 1.57 and a current ratio of 2.93.

Insider Transactions at Aviva

In other Aviva news, insider Ian Clark bought 8,100 shares of Aviva stock in a transaction that occurred on Wednesday, July 9th. The shares were acquired at an average price of GBX 617 ($8.34) per share, for a total transaction of £49,977 ($67,563.88). Company 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.