Insider Buying: Aviva (LON:AV) Insider Acquires 6,594 Shares of Stock

Key Points

• Amanda Blanc, an insider at Aviva plc, purchased 6,594 shares at an average price of GBX 623, totaling over £41,000 on September 3rd.
• Aviva's stock has a market cap of £16.93 billion, a PE ratio of 12.98, and analysts expect earnings per share of approximately 46.49 for the current year.
• Brokerage firms, including JPMorgan and Citigroup, have increased their price targets for Aviva, with an average price target of GBX 657.33 and a consensus "Buy" rating.

Aviva plc (LON:AV - Get Free Report) insider Amanda Blanc acquired 6,594 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were bought at an average price of GBX 623 per share, for a total transaction of £41,080.62.

Aviva Stock Down 0.0%

Shares of AV opened at GBX 630 on Thursday. The company has a market cap of £16.93 billion, a PE ratio of 12.98, a P/E/G ratio of 2.01 and a beta of 0.89. Aviva plc has a 52-week low of GBX 390.70 and a 52-week high of GBX 510.20. The business has a fifty day moving average of GBX 641.80 and a 200 day moving average of GBX 588.85. The company has a quick ratio of 1.57, a current ratio of 2.93 and a debt-to-equity ratio of 68.87.

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on AV. JPMorgan Chase & Co. upped their price objective on Aviva from GBX 695 to GBX 735 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Citigroup lifted their price objective on shares of Aviva from GBX 623 to GBX 687 and gave the company a "neutral" rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of GBX 657.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.