Panmure Gordon Reiterates Buy Rating for Aviva plc (AV)
Aviva plc (LON:AV)‘s stock had its “buy” rating reaffirmed by equities research analysts at Panmure Gordon in a research note issued to investors on Thursday. They currently have a GBX 585 ($9.84) target price on the stock. Panmure Gordon’s price target points to a potential upside of 16.42% from the company’s current price.
Shares of Aviva plc (LON:AV) traded up 2.61% on Thursday, hitting GBX 502.50. 6,211,641 shares of the company’s stock traded hands. Aviva plc has a 1-year low of GBX 380.40 and a 1-year high of GBX 571.50. The stock’s 50-day moving average is GBX 503.0 and its 200-day moving average is GBX 497.4. The company’s market cap is £14.763 billion.
AV has been the subject of a number of other recent research reports. Analysts at Jefferies Group initiated coverage on shares of Aviva plc in a research note on Wednesday. They set a “buy” rating and a GBX 584 ($9.83) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Aviva plc in a research note on Friday, August 1st. They now have a GBX 550 ($9.25) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Aviva plc in a research note on Monday, July 28th. They now have a GBX 570 ($9.59) price target on the stock. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 527.20 ($8.87).
Aviva plc (LON:AV) is an insurance group.
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