Insider Buying: Aviva (LON:AV) Insider Buys 34 Shares of Stock

Key Points

• Aviva insider Charlotte Jones purchased 34 shares at GBX 729 each, totaling £247.86, following a 36-share purchase in July.
• Aviva shares rose 0.5% to GBX 730 in trading, giving the company a market capitalization of approximately £19.61 billion.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of GBX 733.50; JPMorgan and Berenberg recently raised their targets to GBX 800 and GBX 820, respectively.

Aviva plc (LON:AV - Get Free Report) insider Charlotte Jones purchased 34 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were purchased at an average cost of GBX 729 per share, for a total transaction of £247.86.

Charlotte Jones also recently made the following trade(s):

• On Wednesday, July 15th, Charlotte Jones acquired 36 shares of Aviva stock. The stock was acquired at an average cost of GBX 660 per share, with a total value of £237.60.

Aviva Stock Up 0.5%

AV stock traded up GBX 3.40 during trading on Tuesday, hitting GBX 730. 5,150,486 shares of the company's stock traded hands. The stock has a market capitalization of £19.61 billion, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62. Aviva plc has a 52 week low of GBX 390.70 and a 52 week high of GBX 510.20. The stock has a fifty day moving average price of GBX 666.60 and a two-hundred day moving average price of GBX 643.03.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Aviva from GBX 715 to GBX 800 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Berenberg Bank upped their target price on Aviva from GBX 800 to GBX 820 and gave the company a "buy" rating in a report on Monday. UBS Group reiterated a "buy" rating and set a GBX 750 price target on shares of Aviva in a research report on Monday, May 11th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 637 price target on shares of Aviva in a report on Friday, May 15th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a GBX 780 price objective on shares of Aviva in a research note on Wednesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 733.50.

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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