Aviva (LON:AV) Price Target Raised to GBX 687 at Citigroup

Key Points

• Citigroup has raised its price target for Aviva from GBX 623 to GBX 687, maintaining a "neutral" rating, indicating a potential upside of 2.23% from the previous close.
• JPMorgan Chase & Co. has increased its target for Aviva from GBX 695 to GBX 735 and assigned an "overweight" rating, reflecting strong analyst interest in the company.
• Aviva's stock has shown a 1-year low of GBX 390.70 and a high of GBX 510.20, with a current market cap of £18.06 billion and an average rating of "Buy" from analysts.

Aviva (LON:AV - Get Free Report) had its price target lifted by equities researchers at Citigroup from GBX 623 to GBX 687 in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage presently has a "neutral" rating on the stock. Citigroup's target price points to a potential upside of 2.14% from the company's current price.

Separately, JPMorgan Chase & Co. increased their price target on Aviva from GBX 695 to GBX 735 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 657.33.

Aviva Price Performance

AV stock traded down GBX 1 during trading on Thursday, reaching GBX 672.60. The company's stock had a trading volume of 3,235,612 shares. Aviva has a 1 year low of GBX 390.70 and a 1 year high of GBX 510.20. The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 68.87. The company has a market capitalization of £18.07 billion, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 2.01 and a beta of 0.89. The company's fifty day moving average is GBX 635.54 and its 200-day moving average is GBX 582.54.

Aviva (LON:AV - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported GBX 21.70 earnings per share (EPS) for the quarter. Aviva had a return on equity of 14.82% and a net margin of 3.52%. On average, research analysts expect that Aviva will post 46.4942529 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aviva news, insider Ian Clark acquired 8,100 shares of the business's stock in a transaction on Wednesday, July 9th. The stock was bought at an average price of GBX 617 per share, for a total transaction of £49,977. 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.