Aviva plc’s “Overweight” Rating Reaffirmed at Morgan Stanley (AV)
Aviva plc (LON:AV)‘s stock had its “overweight” rating reiterated by research analysts at Morgan Stanley in a report released on Thursday. They currently have a GBX 568 ($9.74) price objective on the stock. Morgan Stanley’s price objective would indicate a potential upside of 17.55% from the company’s current price.
Shares of Aviva plc (LON:AV) traded down 2.17% on Thursday, hitting GBX 483.20. The stock had a trading volume of 14,056,212 shares. Aviva plc has a 1-year low of GBX 357.973 and a 1-year high of GBX 571.50. The stock has a 50-day moving average of GBX 517.2 and a 200-day moving average of GBX 491.. The company’s market cap is £14.196 billion.
AV has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “buy” rating on shares of Aviva plc in a research note on Thursday. They now have a GBX 580 ($9.95) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Aviva plc in a research note on Thursday. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Aviva plc in a research note on Wednesday. They now have a GBX 585 ($10.03) price target on the stock. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. Aviva plc presently has an average rating of “Hold” and a consensus price target of GBX 517.89 ($8.88).
Aviva plc (LON:AV) is an insurance group.
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