Aviva plc (LON:AV) Stock Rated "Moderate Buy" by Wall Street Brokerages

Key Points

• Aviva has a “Moderate Buy” consensus rating among seven analysts, with five buy ratings and two holds. The average 12-month price target is GBX 760.71.
• Recent analyst targets range from GBX 694 to GBX 820, including upgrades from JPMorgan Chase and maintained buy or outperform ratings from Berenberg Bank and RBC.
• Aviva shares opened at GBX 715.20, while insiders have purchased 484 shares worth approximately $348,286 over the past three months.

Aviva plc (LON:AV - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the seven research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 760.71.

A number of analysts recently issued reports on AV shares. Berenberg Bank restated a "buy" rating and set a GBX 820 target price on shares of Aviva in a research report on Monday, October 19th. JPMorgan Chase & Co. boosted their price target on Aviva from GBX 715 to GBX 800 and gave the company an "overweight" rating in a report on Thursday, August 13th. Royal Bank Of Canada reiterated an "outperform" rating and issued a GBX 780 price target on shares of Aviva in a report on Monday, September 7th. Citigroup increased 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. Finally, Jefferies Financial Group restated a "hold" rating and set a GBX 694 price objective on shares of Aviva in a report on Tuesday, October 20th.

Aviva Stock Performance

LON:AV opened at GBX 715.20 on Tuesday. The firm has a 50 day simple moving average of GBX 708.81 and a 200-day simple moving average of GBX 661.05. The company has a debt-to-equity ratio of 67.98, a current ratio of 0.26 and a quick ratio of 1.57. The firm has a market cap of £19.22 billion, a PE ratio of 14.74, a P/E/G ratio of 2.01 and a beta of 0.62. Aviva has a 1-year low of GBX 390.70 and a 1-year high of GBX 510.20.

Insider Buying and Selling

In related news, insider Pippa Lambert acquired 210 shares of the business's stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average cost of GBX 710 per share, for a total transaction of £1,491. In the last three months, insiders bought 484 shares of company stock valued at $348,286. 0.17% of the stock is owned by insiders.

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. 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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