Aviva plc (LON:AV) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Aviva has a “Moderate Buy” consensus from eight analysts: five recommend buying, two advise holding, and one recommends selling. The average 12-month price target is GBX 739.75.
• Several firms recently raised their targets, including JPMorgan to GBX 800 and Berenberg to GBX 820; RBC maintained an outperform rating with a GBX 780 target, while Citigroup remained neutral at GBX 721.
• Aviva shares opened at GBX 672.40, with a market capitalization of approximately £18.07 billion. An insider also purchased 226 shares at GBX 662, and insiders collectively own 0.17% of the company.

Aviva plc (LON:AV - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 739.75.

A number of research firms have commented on AV. JPMorgan Chase & Co. increased their price objective on shares of Aviva from GBX 715 to GBX 800 and gave the company an "overweight" rating in a research note on Thursday, August 13th. Berenberg Bank upped their target price on shares of Aviva from GBX 800 to GBX 820 and gave the company a "buy" rating in a research note on Monday, August 17th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 780 price target on shares of Aviva in a research report on Monday, September 7th. Finally, Citigroup lifted their price target on Aviva from GBX 671 to GBX 721 and gave the stock a "neutral" rating in a research note on Wednesday, August 26th.

Insider Buying and Selling

In other news, insider Pippa Lambert bought 226 shares of the firm's stock in a transaction dated Wednesday, July 15th. The stock was bought at an average price of GBX 662 per share, for a total transaction of £1,496.12. Over the last 90 days, insiders purchased 746 shares of company stock worth $521,658. Company insiders own 0.17% of the company's stock.

Aviva Stock Performance

Shares of AV opened at GBX 672.40 on Friday. The firm has a market cap of £18.07 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.01 and a beta of 0.62. The company has a quick ratio of 1.57, a current ratio of 0.26 and a debt-to-equity ratio of 67.98. The business's 50 day moving average is GBX 710.79 and its two-hundred day moving average is GBX 660.22. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20.

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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