Berenberg Bank Reiterates Sell Rating for Aviva plc (AV)
Aviva plc (LON:AV)‘s stock had its “sell” rating restated by Berenberg Bank in a research note issued on Friday. They currently have a GBX 450 ($7.57) price target on the stock. Berenberg Bank’s price objective points to a potential downside of 10.45% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Aviva plc in a research note on Friday. They now have a GBX 550 ($9.25) price target on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Aviva plc in a research note on Friday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Aviva plc in a research note on Thursday. They now have a GBX 545 ($9.17) price target on the stock. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 527.20 ($8.87).
Shares of Aviva plc (LON:AV) opened at 495.50 on Friday. Aviva plc has a 52 week low of GBX 380.40 and a 52 week 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 £14.558 billion.
Aviva plc (LON:AV) is an insurance group.
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