Aviva plc’s Neutral Rating Reaffirmed at HSBC (AV)
Aviva plc (LON:AV)‘s stock had its “neutral” rating reiterated by stock analysts at HSBC in a report issued on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 500 ($8.21) price objective on the stock. HSBC’s price objective suggests a potential upside of 4.80% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Aviva plc from GBX 430 ($7.06) to GBX 460 ($7.55) in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Aviva plc from GBX 435 ($7.14) to GBX 502 ($8.24) in a research note to investors on Wednesday, January 15th. They now have an “outperform” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Aviva plc from GBX 502 ($8.24) to GBX 525 ($8.62) in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 443.67 ($7.28).
Aviva plc (LON:AV) opened at 476.85 on Tuesday. Aviva plc has a 52-week low of GBX 292.50 and a 52-week high of GBX 481.10. The stock’s 50-day moving average is GBX 443.2 and its 200-day moving average is GBX 415.7. The company’s market cap is £14.038 billion.
Aviva plc (LON:AV) is an insurance group.
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