Aviva plc (LON:AV) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Aviva, with four buys, three holds and one sell among eight firms. The average 12-month price target is GBX 720.38.
• Recent broker views remain broadly positive, including buy or outperform ratings from Berenberg, UBS and RBC, while JPMorgan and Jefferies maintained neutral or hold ratings with lower targets.
• Insiders have been buying shares: company insiders acquired 17,620 shares worth approximately £10.95 million over the past 90 days, though insiders own just 0.17% of the stock.

Shares of Aviva plc (LON:AV - Get Free Report) have been given an average rating of "Hold" by the eight ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 720.38.

Several brokerages have recently weighed in on AV. Berenberg Bank reiterated a "buy" rating and set a GBX 800 price objective on shares of Aviva in a report on Friday, June 12th. UBS Group reaffirmed a "buy" rating and set a GBX 750 price target on shares of Aviva in a research report on Monday, May 11th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 780 price target on shares of Aviva in a research note on Wednesday, July 29th. JPMorgan Chase & Co. decreased their price target on shares of Aviva from GBX 725 to GBX 715 and set a "neutral" rating on the stock in a report on Friday, May 29th. Finally, Jefferies Financial Group reissued a "hold" rating and set a GBX 637 price objective on shares of Aviva in a research note on Friday, May 15th.

Insider Activity

In other news, insider Amanda Blanc acquired 10,258 shares of the business's stock in a transaction dated Friday, May 15th. The shares were bought at an average cost of GBX 621 per share, for a total transaction of £63,702.18. Also, insider Pippa Lambert acquired 226 shares of Aviva stock in a transaction dated Wednesday, July 15th. The stock was purchased at an average cost of GBX 662 per share, for a total transaction of £1,496.12. Insiders have acquired 17,620 shares of company stock valued at $10,951,480 over the last 90 days. 0.17% of the stock is currently owned by insiders.

Aviva Stock Performance

Aviva stock opened at GBX 704 on Thursday. The firm has a market capitalization of £18.92 billion, a P/E ratio of 14.51, a PEG ratio of 2.01 and a beta of 0.62. The stock has a fifty day moving average price of GBX 660.04 and a 200 day moving average price of GBX 641.29. Aviva has a 52 week low of GBX 390.70 and a 52 week high of GBX 510.20. The company has a current ratio of 0.26, a quick ratio of 1.57 and a debt-to-equity ratio of 85.66.

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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