Zacks Research Upgrades Aviva (OTCMKTS:AVVIY) to "Strong-Buy"

Key Points

• Zacks Research has upgraded Aviva (OTCMKTS:AVVIY) from a "hold" rating to a "strong-buy," reflecting increased confidence in the company’s stock performance.
• Aviva's stock price opened at $18.63 on Thursday, marking a 2.1% increase from the previous day.
• The consensus rating for Aviva among analysts is currently a "Moderate Buy," with two analysts recommending a Strong Buy and three a Hold.

Aviva (OTCMKTS:AVVIY - Get Free Report) was upgraded by Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued on Thursday,Zacks.com reports.

A number of other brokerages have also issued reports on AVVIY. Wall Street Zen upgraded shares of Aviva from a "hold" rating to a "buy" rating in a research report on Saturday, September 6th. Citigroup raised Aviva to a "hold" rating in a report on Tuesday, July 15th. Finally, Barclays downgraded Aviva from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 16th. Two research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Aviva Stock Up 2.1%

Shares of AVVIY opened at $18.63 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.86 and a current ratio of 1.86. The company's 50 day simple moving average is $18.07 and its 200-day simple moving average is $16.50. Aviva has a 12-month low of $11.49 and a 12-month high of $19.00.

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.

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