Bank of America Corp. Reiterates Buy Rating for Aviva plc (AV)
Aviva plc (LON:AV)‘s stock had its “buy” rating reaffirmed by Bank of America Corp. in a research note issued on Monday, AR Network reports.
Aviva plc (LON:AV) traded up 2.19% on Monday, hitting GBX 419.80. 9,202,963 shares of the company’s stock traded hands. Aviva plc has a one year low of GBX 292.50 and a one year high of GBX 421.50. The stock’s 50-day moving average is GBX 394.1 and its 200-day moving average is GBX 345.1. The company’s market cap is £12.359 billion.
A number of other analysts have also recently weighed in on AV. Analysts at Barclays Capital reiterated an “underweight” rating on shares of Aviva plc (LON:AV) in a research note to investors on Friday, August 30th. They now have a GBX 320 ($5.08) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Aviva plc (LON:AV) in a research note to investors on Tuesday, August 20th. They now have a GBX 430 ($6.83) price target on the stock. Finally, analysts at BNP Paribas downgraded shares of Aviva plc (LON:AV) from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, August 16th. They now have a GBX 403 ($6.40) price target on the stock.
Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 396.77 ($6.30).
Aviva plc (LON:AV) is an insurance group.
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