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

Key Points

• Aviva has a “Moderate Buy” consensus rating from eight analysts: five buys, two holds, and one sell. The average 12-month price target is GBX 739.75.
• Several analysts recently raised their targets, including JPMorgan to GBX 800 and Berenberg to GBX 820, while maintaining positive ratings.
• Insiders have continued buying shares, with 501 shares acquired over the past 90 days; Aviva stock opened at GBX 729.80 and has a market capitalization of approximately £19.61 billion.

Aviva plc (LON:AV - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 739.75.

AV has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price target on Aviva from GBX 715 to GBX 800 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 637 price objective on shares of Aviva in a research report on Friday, May 15th. Berenberg Bank lifted their target price on Aviva from GBX 800 to GBX 820 and gave the company a "buy" rating in a research note on Monday, August 17th. Citigroup boosted their target price on Aviva from GBX 671 to GBX 721 and gave the company a "neutral" rating in a report on Wednesday, August 26th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a GBX 780 price target on shares of Aviva in a research note on Wednesday, July 29th.

Insider Activity at Aviva

In other news, insider Pippa Lambert purchased 205 shares of the company's stock in a transaction dated Monday, August 17th. The shares were acquired at an average cost of GBX 729 per share, for a total transaction of £1,494.45. In the last ninety days, insiders have acquired 501 shares of company stock valued at $347,603. 0.17% of the stock is currently owned by company insiders.

Aviva Stock Up 0.7%

LON:AV opened at GBX 729.80 on Monday. The company has a market capitalization of £19.61 billion, a PE ratio of 15.04, a P/E/G ratio of 2.01 and a beta of 0.62. Aviva has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20. The stock's 50 day moving average price is GBX 693.40 and its 200 day moving average price is GBX 651.95.

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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